PaperFoam secured a €2 million (~$2.2M) loan from Hague-based Invest International, a Dutch government-backed organisation, representing a follow-on investment after Invest International's initial 2020 support for its first expansion into the Czech Republic. The Barneveld-based company, founded in 1998 by Vertis Holding and now operating production facilities in the Netherlands, Czech Republic, U.S. and Malaysia, will use the funds to expand its Czech production facility and strengthen working capital for its Malaysian and U.S. plants. Owned 70% by Sustainable Pioneers Holding b.v. and 30% by Japan's Nissha Co. Ltd. since March 2023, PaperFoam serves consumer electronics, medical, dry food and cosmetics sectors with its patented starch-based compostable packaging; no revenue, client count, pipeline or employee numbers were disclosed.