Vytal, a Cologne, Germany-based provider of software-enabled reusable packaging solutions, raised €6.2M in funding.
The round was led by Emerald Technology, through its Sustainable Packaging Innovation Fund, with participation from Ventis and existing investors Kiko Ventures, Grazia Equity and Rubio.
The company intends to use the funds to expand its business reach and further develop its software and data-driven offerings.
Vytal Global is dedicated to eliminating single-use packaging through its advanced reusable solutions. Leveraging software and data analytics, the company provides efficient, and sustainable packaging options that benefit businesses and the environment alike.
Vytal collaborates with 7000+ partners in 17 countries worldwide to reduce the use of single-use packaging and promote sustainable alternatives.
The company recently launched VyEES (VYTAL Events & Entertainment Solutions GmbH), a wholly-owned subsidiary aimed at extending its reusable packaging solutions to the events and entertainment industry. This initiative underscores its commitment to sustainability across various sectors, providing innovative solutions that meet the needs of large-scale events and entertainment venues.
Customers of VyEES include the Berlinale, the Online Marketing Rockstar “OMR” Festival and the Cruilla Music Festival in Barcelona.
FinSMEs
01/07/2024