S.Lab was founded in Ukraine in 2020. The main goal of the project was manufacturing environmental products for purchases. Yuliya Bialetska became the founder of a startup with the production of Ukrainian eco packaging. It used only natural materials to produce packages. Now S.Lab packages are completely "green" and biodegradable. They are made of cannabis and mushroom thread.
The European accelerator Wise Guys promoting start-up projects became interested in the Ukrainian startup. After familiarizing themselves with the company’s features and objectives, the directors decided to finance the project. So they gave Yulyia Bialetska €80.000 at once.
The investment will be used for the development of S.Lab and the learning process. In the future, the project should become worldwide useful. Also, the founder of the startup says that part of the shares will be sold to Wise Guys.