Paque
Paque is a company.
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Financial History
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Leadership Team
Key people at Paque.
Frequently Asked Questions
Who founded Paque?
Paque was founded by Christian Quiñonez (Director & Co-Founder).
Paque is a company.
Key people at Paque.
Paque was founded by Christian Quiñonez (Director & Co-Founder).
Paque was founded by Christian Quiñonez (Director & Co-Founder).
Key people at Paque.
Paques Biomaterials is a Dutch biotech startup producing Caleyda®, a high-quality polyhydroxyalkanoate (PHA) biopolymer extracted from organic waste streams like wastewater. This 100% biodegradable material serves as a sustainable alternative to conventional plastics, targeting businesses aiming to eliminate microplastics and fossil-based polymers in applications from packaging to consumer goods.[1][2][3][5] The company solves plastic pollution by enabling circular production—converting waste into a natural, fully degradable polymer—while serving industries seeking eco-friendly materials; it recently raised €14 million (~$15.17M) in Series A funding in January 2024 to scale manufacturing via a new extraction facility in Emmen, Netherlands, amid booming demand for bioplastics projected to grow from 100,000 tonnes in 2023 to 1 million tonnes by 2028.[1][2][3]
Paques Biomaterials emerged from over a decade of R&D at the family-owned Paques company in Balk, Netherlands, which specializes in biotechnological solutions for wastewater and gas treatment. Development of the PHA biopolymer from wastewater began in collaboration with Delft University of Technology within Paques.[2][3] Three years ago (around 2021), the technology spun out as Paques Biomaterials, founded by Joost Paques (CEO, from the Paques family) and René Rozendal, both praised for their drive and expertise in biotech scaling.[1][3] Early traction came from patented processes, leading to the 2024 Series A round backed by Dutch investors NOM, Invest-NL, and a loan from Energiefonds Drenthe, funding the shift from lab-scale to commercial production.[1][2][3]
Paques Biomaterials rides the circular economy and bioplastics wave, fueled by EU regulations banning microplastics and single-use plastics, alongside global pressure to replace 400M+ tonnes of annual fossil plastics. Timing aligns with maturing fermentation tech and waste valorization trends, where wastewater (abundant from food/beverage industries) becomes a feedstock, reducing reliance on crops like corn for biopolymers.[2][3] Market tailwinds include PHA demand surging toward 1M tonnes by 2028, supported by investors like Invest-NL prioritizing climate tech.[1][3] It influences the ecosystem by proving industrial-scale PHA viability, inspiring waste-to-material startups and aiding corporates (e.g., packaging giants) in net-zero goals.
Paques Biomaterials is primed for explosive growth post-€14M raise, with the Emmen facility unlocking commercial Caleyda® sales in 2025–2026, targeting rapid market penetration in Europe amid bioplastics' 20–30% CAGR. Key trends like stricter plastic taxes, corporate ESG mandates, and advances in microbial engineering will accelerate adoption, potentially drawing strategic partners from consumer goods. Its influence could expand to global standards for waste-derived polymers, evolving from niche innovator to circular materials leader—reinforcing its mission to replace plastics' advantages without the environmental toll.[2][3]
