Papershell set to bag €40M from EIF for first factory: 'A hell of a big deal for us'

Papershell has found a way to turn paper waste into a durable 'wood metal' composite to replace aluminium, plastic, and fibreglass.

Now, the Swedish startup is on track to receive more than €40m in grants from the EU to build a full-scale factory in Sweden – but one big hurdle remains.