Movopack, a Milan, Italy-based company providing e-commerce platforms with circular and sustainable packaging, raised £2M in Seed funding.
The round was led by 360 Capital, with participation from Greiner Innoventures and Techstars.
The company intends to use the funds to accelerate its official launch in the UK, its first expansion outside of Italy, to help tackle a growing packaging waste crisis, where an estimated 1.7 Billion pieces of plastic are discarded weekly.
Led by Tomaso Torriani (CEO), Alberto Cisco (CCO), and Andrea Cipollone (COO), Movopack provides circular packaging systems that help retail and e-commerce companies eliminate single-use waste. The company offers customisable, returnable packaging paired with an efficient return logistics system.
Movopack serves over 100+ clients in Italy and the UK.
FinSMEs
28/11/2024