Bryan Cave Advises creapaper on Financing Round with Venture Capital Investor eCAPITAL
Creapaper GmbH, headquartered in Hennef, Germany and developer of sustainable raw material solutions for the paper industry by using grass instead of wood pulp in the paper production process, has closed its first substantial financing round and received growth financing from eCAPITAL.
The growth financing enables creapaper to meet the demand of using grass paper as an economically and ecologically favorable raw material. For the patented manufacturing process, no addition of chemicals is needed. Up to 50 percent of currently used wood pulp in the paper industry may be substituted by grass. This year creapaper was chosen as national winner of the “KfW Entrepreneurs’ Award 2017”.
eCAPITAL entrepreneurial Partners AG, based in Münster, Germany, is an alternative investment fund manager (AIFM). The company is one of the leading venture capital investors in Germany and has supported innovative entrepreneurs in seminal industries since 1999. eCAPITAL manages six funds with a total of 200 million euro under management.
Bryan Cave LLP advised creapaper GmbH with a team including Tonio Sadoni (Picture, Corporate), Hubertus Schröder (Corporate), Martin Lüderitz (Employment), Dominik Weiß (IP), Reinhard Bunjes (Finance), and Andreas Hentschel, Associate (Corporate).
Law Firms: Bryan Cave;
Clients: Creapaper GmbH ;