BillerudKorsnäs

BillerudKorsnäs is a leading provider of primary fibre-based packaging materials, focusing on sustainable solutions for various industries. Operating in over 100 countries, the company is structured into three main segments: Packaging Paper, Consumer Board, and Corrugated Solutions. The Packaging Paper segment produces kraft and sack paper for industrial and medical applications, while the Consumer Board segment specializes in liquid packaging board and cartonboard for beverages and food products. The Corrugated Solutions segment supplies materials for corrugated board manufacturers and offers packaging solutions tailored to brand owners, including materials for fragile goods. Founded on November 29, 2012, and headquartered in Solna, Sweden, BillerudKorsnäs also invests in innovative startups through its subsidiary, BillerudKorsnäs Venture, which seeks environmentally sustainable packaging solutions.

Martin Neselius

Venture Manager

Gittan Schiöld

Venture Manager Paper Bottles

Johan Sundblad

Investment Director

6 past transactions

recycl3r

Venture Round in 2019
Recycl3R Solutions, S.L. gathers information about the the recyclability of product packaging. The company was founded in 2016 and is based in Palma de Mallorca, Spain.

Vericool

Venture Round in 2017
Vericool is a provider of cold chain packaging services intended to manufacture compostable coolers for sustainable shipment, storage and delivery. The company's services offer a line of packaging products that include customized, compostable, recyclable, sustainable and eco-friendly shipment boxes that have inbuilt temperature sensors for long-time storage, enabling logistics and warehouse operators to improve cold chain shipping of non-durable goods without depending on external freezers.

Hanhaa

Venture Round in 2016
Hanhaa Ltd. is a technology company based in London, established in 2014, that specializes in Internet of Things (IoT) and machine-to-machine applications. The company offers innovative solutions such as Symbisa, a software platform designed for measuring, capturing, and analyzing IoT-related issues. Additionally, Hanhaa provides ParceLive, a real-time cargo tracking system featuring embedded SIM and sensors that monitor the location and condition of parcels. ParceLive is recognized for its intelligent built-in sensors and an E-ink display, facilitating easy returns for reuse. With over 30 major airline approvals, it boasts a battery life exceeding 65 days and supports API integration, blockchain technology, and telematics. Hanhaa's HXG division enhances connectivity through the deployment of private high-performance LTE and 4G/5G networks, enabling businesses to create their own wireless infrastructures that support remote work and comprehensive logistics solutions across more than 200 countries.

Kezzler AS

Venture Round in 2016
Kezzler A.S. develops and implements strategies for eliminating counterfeit drugs. The company is headquartered in Oslo, Norway with offices in U.S.A., India, Spain, Austria, Canada, China, and Kenya.

EcoXpac

Venture Round in 2016
EcoXpac A/S designs, develops, and manufactures protective packaging products in biodegradable molded fiber. The company also designs customized solutions for packaging and other products in molded fiber. It uses molded fibers from recycled paper, virgin fibers, and other biodegradable fibers. The company was founded in 2005 and is based in Slangerup, Denmark.

BioBag

Venture Round in 2011
BioBag International AS specializes in the development, production, marketing, and sale of compostable and biodegradable products aimed at waste disposal. The company offers a diverse range of items, including breathable bags, food waste containers, liners, and caddies designed for organic waste collection in municipalities, commercial kitchens, and institutions. Additionally, BioBag produces biodegradable mulch films suitable for various agricultural applications and provides a variety of other products such as food storage solutions, garden waste sacks, and tableware. With a focus on sustainability, BioBag’s offerings are crafted from biodegradable materials to promote waste reduction and minimize reliance on fossil fuels. The company operates through a network of sales and production partners across several countries, including Norway, Sweden, Finland, and the United States. BioBag International AS has its headquarters in Askim, Norway, and has been in operation since 1957.
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