BillerudKorsnäs Venture

BillerudKorsnäs Venture — now operating as Billerud Venture following its parent company's 2022 rebrand to Billerud — is the corporate venture capital arm of Billerud, a leading Swedish sustainable packaging materials company listed on the Nasdaq Stockholm Large Cap with revenues of approximately SEK 41 billion. Established in 2016 as a wholly owned subsidiary and headquartered in Stockholm, the fund invests in early-stage companies defining tomorrow's packaging solutions, supporting a faster transformation of the packaging industry through innovation in sustainability, materials science, and digital packaging intelligence. The fund has made 11 investments at seed through Series B stages, writing checks between $1 million and $10 million. Portfolio companies include Vericool (sustainable insulated packaging), Recycl3R (recycling solutions), Paboco (paper bottle company), and Kezzler (serialization and Internet of Packaging technology). These investments reflect the fund's dual focus on physical packaging innovation and the digital layer connecting packaging to supply chain data and consumer engagement. Billerud Venture's strategic rationale is to accelerate innovations that align with Billerud's mission of challenging conventional packaging for a sustainable future. Portfolio companies benefit from a corporate partner operating at significant industrial scale with established relationships across the packaging value chain in Europe and globally. For founders in circular economy, sustainable materials, or packaging technology, Billerud's manufacturing expertise and enterprise customer base provide a commercially grounded platform for testing and scaling new solutions.