Lactips develops and manufactures water-soluble bio-based thermoplastic materials. The films processed with Lactips’ material are fully biodegradable and offer outstanding dissolution properties, making them highly suitable as packaging material in, for example, the detergents and cleaners market segments. Lactips’ products are also edible and can be used in multiple applications in the food industry.
LACTIPS was founded in 2014 and is based in Saint-Jean-Bonnefonds, France. BASF Venture Capital invested in Lactips along with Demeter, BNP Paribas Development, and the Crédit Agricole Loire Haute-Loire Capital Innovation.