Traceless Overview

  • Year Founded
  • 2020

Year Founded

  • Status
  • Private

  • Employees
  • 34

Employees

  • Latest Deal Type
  • Series A

  • Latest Deal Amount
  • $39.3M

  • Investors
  • 20

Traceless General Information

Description

Provider of advanced materials intended to produce bioplastic film, plastics, and coatings from agriculture residues. The company's technology uses food production residues to produce materials that are compostable under natural composting conditions and provides a marketable product from agricultural residues such as starch or brewery residues as a raw material for home compostable, harmless for the environment and humans, enabling organizations to get rid of the plastic materials that lead to serious environmental, marine pollution and lower carbon emissions.

Contact Information

Website
www.traceless.eu
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Brook 5
  • 20457 Hamburg
  • Germany
Primary Industry
Environmental Services (B2B)
Other Industries
Biotechnology
Vertical(s)
CleanTech, LOHAS & Wellness, Climate Tech, Life Sciences
Corporate Office
  • Brook 5
  • 20457 Hamburg
  • Germany

Traceless Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Traceless Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
11. Early Stage VC (Series A) 25-Sep-2023 $39.3M Completed Generating Revenue
10. Accelerator/Incubator 30-Jun-2022 Completed Generating Revenue
9. Early Stage VC 21-Oct-2021 Completed Generating Revenue
8. Grant 16-Jun-2021 Completed Generating Revenue
7. Accelerator/Incubator 25-May-2021 Completed Generating Revenue
6. Seed Round 03-May-2021 Completed Generating Revenue
5. Grant 22-Apr-2021 Completed Generating Revenue
4. Accelerator/Incubator 01-Jan-2021 Completed Startup
3. Accelerator/Incubator Completed Startup
2. Accelerator/Incubator 01-Jan-2021 Completed Startup
To view Traceless’s complete valuation and funding history, request access »

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Traceless Patents

  • 9

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • 9

    Pending

  • Expiring in next 12 mo

Traceless Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
EP-4474573-A1 Process for producing a coated material, in particular a coating layer of a prolamin-based material Pending 07-Jun-2023
EP-4473841-A1 Process for producing an animal feed Pending 07-Jun-2023
US-20240407397-A1 Process for producing an animal feed Pending 07-Jun-2023
US-20240408643-A1 Process for producing a coated material, in particular a coating layer of a prolamin-based material Pending 07-Jun-2023
EP-4194485-A1 Process for producing a thermoplastic material for use as a film or as a flexible coating Pending 09-Dec-2021 C08L89/00
To view Traceless’s complete patent history, request access »

Traceless Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Traceless Investors (20)

Investor Name Investor Type Holding Investor Since Participating Rounds
GLS Gemeinschaftsbank Corporation Minority
Hamburg Corporation Minority
Hamburger Sparkasse Investment Bank Minority
SWEN Blue Ocean Partners Venture Capital Minority
SWEN Capital Partners PE/Buyout Minority
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Traceless FAQs

  • When was Traceless founded?

    Traceless was founded in 2020.

  • Where is Traceless headquartered?

    Traceless is headquartered in Hamburg, Germany.

  • What is the size of Traceless?

    Traceless has 34 total employees.

  • What industry is Traceless in?

    Traceless’s primary industry is Environmental Services (B2B).

  • Is Traceless a private or public company?

    Traceless is a Private company.

  • What is Traceless’s current revenue?

    The current revenue for Traceless is .

  • How much funding has Traceless raised over time?

    Traceless has raised $42.1M.

  • Who are Traceless’s investors?

    GLS Gemeinschaftsbank, Hamburg, Hamburger Sparkasse, SWEN Blue Ocean Partners, and SWEN Capital Partners are 5 of 20 investors who have invested in Traceless.

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