Launched in 2020, Traceless develops compostable plastics from biomass to provide a sustainable alternative to plastic. Its products are made from agricultural residues. The entrepreneurs came second in the Future Hamburg Award this summer and in October, the duo secured around EUR 2.5 million in funds and an investment from the European Innovation Council followed by the Idea Award in November. "We need innovative business concepts that solve social challenges and generate economic growth particularly in these tough economical times," said Darboven.