July 2, 2024

Vytal scores new investment of €6.2 million

We are happy to announce a new milestone for our portfolio company Vytal, as they secure more than €6,2 million investment in a Series A round to accelerate their deposit-free digital reusable packaging system💰💰💰 The new round was led by Emerald through its Sustainable Packaging Innovation Fund, and joined by existing investors Ventis, Grazia Equity, Kiko Ventures, Chi Impact Capital and Rubio 🤗

Currently Vytal is the largest digital reuse system in Germany 🇩🇪 and in the Netherlands. 🇳🇱 Recently, they celebrated with its team at fan zones in Cologne, Stuttgart, and Berlin during the European Championship. At these events, 60 stands served food using Vytal’s reusable cutlery. At the same time Vytal collaborates with over 7,000 partners across 17 countries to minimize single-use packaging and advocate for sustainable alternatives. Corporate campuses, universities, business districts, airports, city centres, shopping malls, trade fairs, festivals, and entertainment venues can adopt Vytal-powered reusable solutions.

The new investment will enable Vytal to speed up the transformation of the packaging industry. They plan to use the investment to expand into new markets and enhance their software and data-driven solutions for stakeholders across the reusable packaging circular value chain.