23 Jan 2024 --- Finland-based wood-fiber packaging specialist Paptic reportedly raised €27.5 million (US$30 million) in growth financing in 2023, which the company says will help it “conquer” the flexible packaging market globally amid the move away from fossil-based materials. In the first round of the two-part growth financing, Paptic raised funding of €23 million (US$25 million) and €4.5 million (US$4.9 million) in the second round at the end of the year.