What Greenfib does

Greenfib is a French material science company that develops and supplies a patented, 100% bio-based polymer as an alternative to petroleum-based plastics. Founded in 2018 by Cyr Dioré and Luc Menetrey — who patented the core formulation in 2011 at the Valagro laboratory in Poitiers — the company serves industrial manufacturers and consumer-facing brand partners across eyewear, stationery, cosmetics, tableware, construction, 3D printing, lighting, and battery regeneration applications. Greenfib does not vertically integrate manufacturing; it supplies Greenfib® material in pellet form to a network of industrial sub-contractors (Futuramat in Vienne, Elixance in Morbihan) and brand partners who produce finished goods sold under their own or co-branded labels.

The Greenfib® material is a composite of Rilsan PA11 (a castor-oil-derived polyamide supplied by Arkema) combined with mineral fillers (talc from Ariège, oyster shells from Breton oyster farming) and plant-based flours (PEFC-certified Breton wood flour and reed flour from Indre). It is patent-protected (French registration #1160141), certified for food contact under CE 10/2011, fire-rated V2 with V0 targeted (self-extinguishing), and resistant up to 960°C at glowing filament. The material is compatible with injection molding, extrusion calendaring, thermoforming, blow extrusion, and 3D printing — both from pellets and from filament — and can be formulated in 21 natural color variants. Greenfib operates a closed-loop recycling channel in partnership with Arkema, Erpro, and Agiplast, claiming the polymer can be recycled up to 3 times without adding virgin material.

Greenfib monetizes primarily through B2B pellet sales to manufacturers and through brand co-development. Marquee engagements include BIC (Superclip Origin pen, 2023), LVMH (selection for the LVMH Material Library for cosmetic packaging), and OXO eyewear distributed through 750+ Ecouter Voir optical stores in France (40,000+ pairs sold). Other commercial deployments include Christmas illuminations for Bordeaux and Besançon via Leblanc Illuminations, an eco-responsible sommelier co-developed with Le Coq Français, and forthcoming products including RegenBox 2 (a battery regenerator) and Aquaplant Bio (a biosourced gardening system). Pricing is project-based and confidential; the material is reported to be 2–5× more expensive than conventional plastic. The company (under the Innotech entity) reported €500K of revenue in 2022 and raised approximately €1M in seed funding in July 2023, supplemented by a €250K BPI loan.

Name

Greenfib

Legal name

Greenfib

Website

https://greenfib.fr

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Greenfib is a French material science company that supplies a patented, 100% bio-based polymer as an alternative to petroleum-based plastics. Founded in 2018, it serves industrial manufacturers and consumer brands across eyewear, stationery, cosmetics, construction, and 3D printing applications.

Ownership category

akta.pro rank

Product category

Bio-based Polymer Materials

NAICS

Resin, Synthetic Rubber, and Artificial and Synthetic Fibers and Filaments Manufacturing (3252), All Other Plastics Product Manufacturing (326199)

SIC

Plastic Material, Synth Resin/Rubber, Cellulos (No Glass) (2820)

akta.pro primary industry

Bio-Based & Biodegradable Compounds (PLA/PHA/Starch Blends) (IMANABAF)

akta.pro secondary industry

Fiber- & Mineral-Filled Reinforced Compounds (Glass/Carbon/Talc/CaCO3) (IMANABAI)

Keywords

• Bio-based polymer
• Plastic alternative
• Bioplastic material
• Recyclable polymer
• High-performance bioplastic

Headquarters

HQ city

Vivoin

HQ country

France

HQ region

Europe

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Material Sales / Licensing: Greenfib sells its patented Greenfib® material (in pellet form) to manufacturers who process it into finished products. The company does not manufacture products itself but works with a network of industrial sub-contractors. Revenue is generated through material sales and potentially licensing of the patented formulation.
2. Co-Branded Product Development: Greenfib co-develops and co-brands finished products with brand partners (e.g., BIC pens, OXO eyewear), generating revenue through the material supply relationship and brand partnerships. The company is expanding into co-branded Greenfib® products, particularly in the construction sector.
3. Recycling Services: Greenfib establishes its own B2B and B2C recycling channels. As the primary customer of recycled PA11 base, the company participates in closed-loop recycling initiatives with partners Arkema, Erpro, and Agiplast, generating value from material recovery and reuse without virgin material.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels8 records

Core offering

Greenfib develops and supplies a patented 100% bio-based high-performance polymer (Greenfib®) in pellet form, composed of Rilsan PA11 (castor oil derivative from Arkema), mineral fillers (talc, oyster shells) and plant-based flours. The material is sold to industrial manufacturers and brand partners, and is also deployed through co-branded finished products (eyewear, pens, sommelier tools, battery regenerators, watering systems, illuminations) processed via injection molding, extrusion-calendaring, thermoforming, blow extrusion and 3D printing.

Product overview

Greenfib is both a material brand and a company developing an ecological alternative to petroleum-based plastics. The core offering is the Greenfib® material—a 100% bio-based high-performance polymer in pellet form for industrial manufacturing via injection molding, extrusion, calendaring, thermoforming, and 3D printing. The product portfolio includes branded finished goods (RegenBox 2 Greenfib, Aquaplant Bio), co-branded products with partners (OXO eyewear through Ecouter Voir, BIC pens, Le Coq Français sommelier tools), and custom manufacturing materials sold to industrial clients. The company emphasizes its "manière" (manner) approach—transforming not just materials but also consumption behaviors through reusable, refillable, and returnable object designs.

Differentiator

Problem solved

Functional benefit

Products and services

• Greenfib® Material A 100% bio-based high-performance polymer supplied in pellet form as a sustainable alternative to petroleum-based plastics. Made from Rilsan PA11 (castor oil derivative by Arkema), mineral fillers (talc, oyster shells) and plant-based flours (wood, reed). Fire-rated V2 (V0 targeted), self-extinguishing, 960°C resistant, food-contact certified (CE 10/2011), recyclable up to 3 times without virgin material addition. For industrial manufacturers and brand owners.
• OXO Eyewear Ecological eyewear frames made from Greenfib® material, labeled Origine France Garantie, available in 18 forms and 21 natural colors from vegetable and mineral pigments. Distributed exclusively through the Ecouter Voir optical retail network.
• BIC Superclip Origin Pen A promotional pen made from Greenfib® material, developed in collaboration with BIC. First commercial reference from the BIC partnership, available via BIC's distribution channels.
• Le Coq Français Sommelier An eco-responsible sommelier tool (corkscrew/limonadier) made from Greenfib® material. 100% manufactured in France, combining Greenfib polymer with Le Coq Français' cutlery craftsmanship.
• RegenBox 2 Greenfib A French-made battery regenerator that gives a second life to disposable alkaline batteries. The device housing is manufactured using Greenfib® bio-based polymer.
• Aquaplant Bio A biosourced gardening/agriculture watering system made in France using Greenfib® material. Reduces water consumption, eliminates weeding, and protects plants against downy mildew.
• Closed-Loop Recycling Service B2B and B2C recycling channels for Greenfib® material and PA11 base. Greenfib is the primary customer of recycled PA11 base, enabling material recovery and reuse without adding virgin material. Up to 3 recycling cycles supported.

Quantifiable outcome

• 40,000+ pairs of Greenfib eyewear sold through 750+ Ecouter Voir optical stores in France
• +5 more outcomes

Named customers11 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

13 partnerships are on record, tiered minor, core and flagship.

• Le Coq FrançaisminorStrategic or Co-development Partner · 1 January 2024Le Coq Français, a French cutlery company based in Thiers, launched an eco-responsible sommelier (corkscrew/limonadier) product made from Greenfib material. The collaboration represents a 100% French-made product combining traditional cutlery craftsmanship with Greenfib's bio-based material.
• ErprocoreTechnology or Integration · 1 January 2021Erpro, a French specialist in additive manufacturing (3D printing by laser sintering), partners with Greenfib and Arkema in a closed-loop recycling initiative. Waste PA11 from Erpro's 3D printing production is recycled and reused in Greenfib products, creating a circular economy model.
• Leblanc IlluminationscoreStrategic or Co-development Partner · 1 January 2021Leblanc Illuminations, based in Le Mans (Sarthe), developed Christmas decorations and municipal illuminations for Bordeaux and Besançon using Greenfib material via 3D printing. The partnership enabled eco-responsible municipal decorations and showcased Greenfib's versatility in large-format 3D printed applications.
• Excelia Business SchoolminorGTM or Marketing Partner · 1 January 2021120 students from Excelia Business School's Bachelor program participated in a consultancy project for Greenfib in January 2021, working on the challenge 'How can Greenfib do in 3 years what Gore Tex did in 30 years?' This collaboration provides student talent access while building brand awareness among future business professionals.
• BICflagshipStrategic or Co-development Partner · 1 January 2020BIC collaborated with Greenfib since 2020 to develop promotional pens in Greenfib material. The first product, the Superclip Origin pen, was launched in 2023. Greenfib aims to continue and expand this collaboration for additional pen and stationery products.
• FuturamatcoreTechnology or Integration · 1 January 2018Futuramat, based in Vienne, is a key manufacturing partner that produces Greenfib material components. Futuramat is one of the main industrial manufacturers working with Greenfib, enabling local production in Nouvelle-Aquitaine.
• ElixancecoreTechnology or Integration · 1 January 2018Elixance, based in Morbihan, produces additive colorants for plastics in Greenfib material. As a local manufacturer in the same region as Greenfib's headquarters, Elixance enables both material production and color customization close to the main operations.
• OXO / Ecouter VoirflagshipStrategic or Co-development Partner · 1 January 2018OXO brand, distributed exclusively through Ecouter Voir optical stores (750+ locations), launched Greenfib eyewear in September 2021. OXO holds 'Origine France Garantie' certification and Ecouter Voir stores serve as collection points for recycling old Greenfib frames.
• PolymixminorChannel Partner/ Reseller/ Distributor · 1 January 2018Polymix is a distributor supporting Greenfib's material supply chain, mentioned as a partner that helped connect Greenfib with Ecouter Voir for the eyewear application.
• Valagro Laboratory (Futuroscope, Poitiers)coreTechnology or Integration · 1 January 2018The R&D laboratory at Futuroscope (Poitiers) is where Greenfib material was originally developed over 2.5 years with Luc Menetrey. Valagro's expertise in chemistry and materials enabled the creation and optimization of the Greenfib formulation, including achieving eyewear certification.
• GermeminorGTM or Marketing Partner · 1 January 2018Greenfib is engaged in the Germe business network, connecting with other entrepreneurs and business leaders in the Grand Ouest region of France.
• Dirigeants ResponsablesminorGTM or Marketing Partner · 1 January 2018Greenfib participates in the Dirigeants Responsables network focused on ecological transition, led nationally by François Guérin of CETIH. Greenfib is active in the Brittany West chapter launched in December 2024.
• ArkemacoreTechnology or Integration · 1 January 2011Arkema supplies Rilsan PA11, the castor oil-derived polyamide that forms the base of Greenfib material. This partnership dates to the inception of Greenfib in 2011. Arkema also coordinates a recycling initiative with Erpro and Greenfib to reuse PA11 waste from 3D printing production. Arkema is a key strategic partner providing both raw material supply and R&D support.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• Notpla: Notpla is a UK-based startup making seaweed-based packaging materials as alternatives to single-use plastics. It is a comparable early-stage European bio-material company targeting sustainable packaging applications, similar to Greenfib's eco-packaging use cases.
• Danimer Scientific: Danimer Scientific produces Nodax PHA, a bio-based and biodegradable polymer for packaging, food serviceware, and consumer goods. It is a publicly-listed specialty bio-polymer company competing in similar end-markets to Greenfib, particularly for food-contact and durable applications.
• Carbios: Carbios is a French biotech company developing enzymatic recycling technologies for PET and PLA plastics. It is a thematically comparable French bio-innovation player focused on circular plastics economy and shares the green chemistry positioning relevant to Greenfib's recycling infrastructure.
• Avantium: Avantium is a Dutch renewable chemistry company developing PEF (polyethylene furanoate), a 100% plant-based plastic for bottles and packaging. As a similarly positioned European bio-based polymer innovator with a plant-based, recyclable value proposition, it is a comparable emerging peer to Greenfib.
• Bio-On: Bio-On was an Italian bio-plastics company producing PHA biopolymers from agricultural waste for packaging and specialty applications (now in restructuring). It represents a comparable European specialty bio-polymer startup at a similar stage of commercialization to Greenfib.

Others

• Arkema: Arkema supplies Rilsan PA11 (castor-oil-derived polyamide), the base feedstock for Greenfib material, and also develops its own bio-based polyamides and 3D printing materials (Rilsan, Pebax Rnew). It is both a key supplier and a potential competitive threat to Greenfib.

Broad incumbents

• Novamont: Novamont produces Mater-Bi, a family of bio-based and biodegradable bioplastics used in packaging, agriculture, and consumer goods. It is one of Europe's most established bio-based material players and a peer for Greenfib's positioning in durable and compostable applications.
• BASF Ecovio: BASF's Ecovio is a certified compostable and bio-based plastic used in packaging, agricultural films, and consumer goods. As a major chemical company's commercial bioplastic, it competes with Greenfib in the bio-based polymer market and represents the scale challenge Greenfib faces.
• NatureWorks: NatureWorks is a global leader in bioplastics, producing Ingeo PLA from plant sugars for packaging, consumer goods, and 3D printing. It is the largest-scale bio-based polymer producer and a direct competitive reference point for Greenfib's positioning in the bio-based materials market.
• TotalEnergies Corbion: TotalEnergies Corbion is a 50/50 joint venture producing Luminy PLA bioplastics from sugarcane for packaging, durables, and fibers. It competes directly with Greenfib in the bio-based, recyclable polymer category, particularly for food-contact and durable applications.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/greenfib
• Facebookfacebook.com/greenfib

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Greenfib