Bpacks, a European start-up developing tree bark-based packaging technology, has raised €1 million (US$1.05 million) in pre-seed funding. The investment will support the company’s mission to replace traditional plastic packaging with a compostable, biodegradable alternative.The start-up’s material, made from 80% wood waste byproducts, is designed to work with standard plastic manufacturing equipment and pulp molding technology. This composite material has a high antibacterial index, which extends the shelf life of perishable items — such as meat, fruits and vegetables — by up to seven days, thereby reducing food waste by more than 42%.
