Penny Black, a London, UK-based provider of an ecommerce platform turning packaging into a new marketing channel, raised £1.3M in Seed funding.
The round was led by AGFA, and ninepointfive.
The company intends to use the funds to accelerate growth, expand operations and its business reach.
Led by CEO Douglas Franklin, Penny Black provides a software platform that connects ecommerce stores, marketing tools and fulfilment operations to deliver personalised experiences at the moment customers open their ecommerce packages. The marketing platform and print tech help ecommerce marketers to create personalised campaigns and flyers that can be added to customers’ orders during the pick-and-pack process.
Incubated in AGFA’s renowned innovation lab, supported by ninepointfive, Penny Black launched independently in the UK and Europe in April 2022. The company quickly become a partner to consumer brands, including luxury jewellery and watch retailer, PAUL VALENTINE, tea mixology company, Bird & Blend and the online contemporary nursery décor store, the Modern Nursery. Further.
FinSMEs
26/10/2022