Estonian start-up Woola, which makes sustainable packaging from wool, has raised €2.5m (US$2.7m) to work on creating protective packaging to replace plastic.
According to the company, 141m tonnes of plastic packaging is produced globally every year, of which only 14% is collected for recycling, and an even smaller fraction is actually recycled.
For the full story, see the January 2024 edition of Textiles Eastern Europe.
Photo: Woola