DFM Funding Monitor

Optimization, demonstration of natural, biodegradable packaging from wood in desired shapes for various industriesbroad

RAIKU bio packaging · Horizon Europe grant · 2024-03-01–2026-06-30

EC contribution

€2,499,999

Total cost

€3,645,305

Beneficiaries

1

About the data

Source: CORDIS (official EU open data), Horizon Europe. Framework HORIZON · call HORIZON-EIC-2023-ACCELERATOR-01 · scheme HORIZON-EIC-ACC-BF · topic HORIZON-EIC-2023-ACCELERATOROPEN-01. CORDIS record →

Objective

Every year, over 400 million tonnes of plastic waste is produced globally of which plastic packaging waste accounts for about 46%.This waste accumulates in waste dumps, landfills, and ends up in oceans and water bodies causing alarming threats to ecosystems. This calls for sustainable alternatives for plastic usage worldwide.RAIKU has developed a proprietary cleantech manufacturing technology for the creation of novel green packaging alternatives to bubble wrap for the packaging industry. The process utilizes one raw material – wood, with zero chemicals and compostable end of life. RAIKU-s novel material needs 10 times less wood than paper/carton industry decelerating deforestation drastically (even more energy and water) and making it a high value-added product.RAIKU is poised to generate the needed disruption in the packaging market, enabling manufacturers to transition to a circular economy paradigm and contributing towards EU and UN Green goals.

Beneficiaries (1)

Organisation	Country	Role	EC contribution	SME
RAIKU PACKAGING OU	EE	coordinator	€2,499,999	Yes

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