Based in Cologne, Vytal Global has raised €14.2M ($15.5M) in growth funding to fuel the expansion of its reusable food packaging solutions.
German eco packaging startup Vytal Global has secured €14.2M ($15.5M) in investment to scale its operations across Europe and enter the US market.The company has just secured €8M ($8.7M) from Inven Capital and NRW.Venture, adding to the €6.2M ($6.8M) it raised in a funding round last summer. It brings the company’s total venture capital raised to €26M, a sign of investors’ faith in its smart reusable packaging solutions that outperform single-use on cost.
“This new funding comes less than nine months after our last raise and reflects an incredibly successful 2024 for the Vytal team,” said Vytal co-founder and managing director Tim Breker. He added that Inven Capital’s expertise would allow the firm to scale up and “make tech-enabled reusable packaging the new standard in gastronomy, events, and entertainment globally”. More of this article (green queen) - link - more like this (reusable packaging) - link - more like his (Cologne) - link
No comments:
Post a Comment