Papkot and Fedrigoni Announce Series A Investment and Strategic Alliance to Accelerate the Global Process of Plastic Removal from Packaging
Shenzhen, February 25, 2025 - Papkot, a technology platform that is redefining sustainable packaging, announced today that it has received a strategic investment from the Fedrigoni Group. The Fedrigoni Group is a global leader in the field of specialty papers and self - adhesive materials, with an annual revenue of 2 billion euros. This collaboration combines Papkot's breakthrough coating solutions with Fedrigoni's industrial strength in 28 countries.
"In the past 18 months, we've been looking not only for capital but also for the perfect partner to lead the global sustainable packaging market," said Manuel Milliery, founder and CEO of Papkot. "With Fedrigoni's industrial scale and our technology, we'll eliminate plastics from packaging faster than anyone thought possible. This Series A investment validates the vision we had when we founded the company in 2020, and that vision is now having a profound global impact. I want to thank the entire Papkot team - every scientist, engineer, lawyer, and partner who has poured their hearts into this vision. This is an important milestone, but it's just the beginning. Our vision is bigger, bolder, and unstoppable. We're changing the game, and this is just the first step."
It all started in a tiny studio in the 13th arrondissement of Paris - a room so small you could touch both walls without moving. There was no fancy laboratory, no funding, just ambition and crazy ideas: to create plastic - free packaging without sacrificing performance. With prototypes and perseverance, Manuel Milliery turned this ambitious idea into a vision and a company that is changing the world's perception of packaging. He's constantly challenging the paper and packaging industry's conventional wisdom.
Papkot started as a technology platform based on sol - gel technology (also known as ceramic or mineral coatings). Today, it has evolved into four different mineral coating technology platforms, with multiple pending patents and more than a dozen ongoing applications. This rapid innovation has driven global partnerships and made Papkot a leader in the sustainable packaging industry. Now, Papkot is rewriting the rules of packaging with cutting - edge coating solutions, making plastics obsolete - no microplastics, no compromises, no excuses.
Papkot's technology offers unparalleled barrier properties against water, grease, oxygen, moisture, glycerin, alcohol, and chemical products, while remaining fully recyclable and biodegradable. Most importantly, it's cost - competitive, providing a sustainable alternative without significantly increasing costs. Since no industrial equipment modification is required, it ensures seamless integration with existing manufacturing processes.
"This investment holds great potential for Fedrigoni," said Marco Nespolo, CEO of the Fedrigoni Group. "This partnership will accelerate our mission to develop fully recyclable, single - material packaging solutions globally. Additionally, Fedrigoni will play a key role in the industrialization phase of Papkot's products, which is crucial for the scalability of Papkot's business model."
"This advanced technology complements Fedrigoni's specialty papers and self - adhesive materials business, not only in terms of barrier coatings but also in release paper technology," added Fulvio Capussotti, Executive Vice President of Specialty Papers, RFID, and Innovation and Chief Sustainability Officer at Fedrigoni.
Micaela Di Trana, Vice President of Innovation and Sustainability at the Fedrigoni Group, like Manuel Milliery, believes that Papkot's technology will redefine the paper industry: "It's not just about what you do, but how you do it. Papkot is truly thinking outside the box - using artificial intelligence and minerals to create coatings that perform as well as plastics but are fully sustainable. Scalability, microplastic - free solutions, and unparalleled speed of innovation and execution are at the core of Papkot. From the start, we believed in this vision, and now, through this investment, we're laying the foundation to challenge the status quo and inspire the entire industry to think differently."
The Hong Kong Science Park has played a crucial role in Papkot's global expansion strategy. As one of its incubation projects, Papkot has received active support from the Science Park in terms of venue, policies, etc. in its business expansion in the Asia - Pacific region, especially in the process of expanding from Hong Kong to the Chinese mainland market. The Hong Kong Science Park has not only provided Papkot with advanced R & D facilities and office space but also helped Papkot quickly integrate into the Asia - Pacific market through its rich resources and network, accelerating the promotion of its innovative plastic - free packaging solutions. Manuel Milliery, founder and CEO of Papkot, said that the support of the Science Park is crucial for achieving the global vision of plastic removal. This cooperation further consolidates Papkot's global influence in the field of sustainable packaging.
Through this strategic alliance, Papkot and Fedrigoni will accelerate the time - to - market of sustainable packaging solutions to meet the urgent needs of global fast - moving consumer goods and food and beverage brands. By leveraging Fedrigoni's extensive manufacturing network and Papkot's innovative technology platform, both parties will rapidly expand the application of plastic - free coatings in multiple fields.
Papkot and Fedrigoni call on brands, processors, and industry leaders to join the movement towards a plastic - free future. As sustainability becomes an uncompromisable expectation, this partnership represents the forefront of innovation and responsibility in the packaging field. The time to act is now.
About Papkot
Papkot was founded by Manuel Milliery in 2020, pioneering sustainable packaging through mineral coatings, offering high - barrier performance while remaining fully recyclable, biodegradable, and cost - competitive. Papkot uses an AI - driven technology platform to provide microplastic - free solutions with unparalleled speed and scalability. With research centers in France and China and manufacturing partners in Europe, Asia, and North America, Papkot is setting new industry standards and leading the global transition to plastic - free packaging.
About the Fedrigoni Group
The Fedrigoni Group was founded in Verona, Italy, in 1888 and has now become an outstanding representative in the fields of labels and self - adhesive materials, packaging and creative specialty papers, and RFID solutions. The Group has nearly 6,000 employees and 78 facilities in 28 countries, including production sites, cutting, and distribution centers, and its products are sold in 132 countries, with sales and distribution of more than 25,000 products. For more information, please visit: www.fedrigoni.com
Media Contact: pr@papkot.com