VYTAL Global GmbH has secured over €6 million in investment led by Emerald Technology Ventures, with contributions from Ventis, Grazia Equity, Kiko Ventures, and Rubio. This funding is aimed at driving Vytal’s expansion into new markets like the events and entertainment industry, while advancing its tech platform for circular reusable packaging. The increase in capital supports Vytal’s mission to replace single-use packaging in the EU, where 66 billion single-use food and drink containers are wasted annually. Vytal’s technology leverages software and data analytics to create value for stakeholders along the reusable packaging value chain, from raw material suppliers to consumers and cleaning hubs. The company aims to establish reuse as the default packaging choice in various sectors including corporate campuses, airports, and city centers.

Environmental Technology, Packaging, Venture Capital,European Union, Germany

https://www.ipgroupplc.com/news-and-events/portfolio-news/2024/2024-06-28