Vytal raises ten million US dollars

The Cologne-based start-up has developed a digital reusable packaging system. Now the company has been able to convince new investors.
The startup Vytal has received ten million U.S. dollars in its latest round of funding, as German startups reported. According to , IP Group from London, Rubio Impact Ventures from Amsterdam and Grazia Equity from Stuttgart have invested in the company. Prominent business angels such as the founders of Flixbus and Foodora, as well as Lawrence Leuschner of Tier Mobility, are also said to have invested in the start-up.
Tim Breker, Sven Witthöft and Fabian Barthel founded Vytal in 2019. The founders' deposit-free reusable system is aimed at canteen operators, restaurants, supermarkets and delivery services. Customers register with the startup via app and can then borrow reusable containers from all partners and return them. The reusable trays are intended to counteract packaging waste in the food sector.
With the help of reminders and promotions, users are motivated to return the containers. The startup says it achieves a 99 percent return rate, which is higher than the German bottle deposit system. According to Vytal, the bowls are more ecological than disposable tableware after ten uses.
In addition to Germany, the start-up also operates in Austria and France. With the new capital, the company also plans to expand to the UK and the Netherlands.

Newsletter
Startups, stories and stats from the German startup ecosystem straight to your inbox. Subscribe with 2 clicks. Noice.
LinkedIn ConnectTake care, give care
Did this news inform or entertain you? Then we would be happy if you tell your network about it.
Share on Linkedin Share on Facebook Share on XingRelated companies





FYI: English edition available
Hello my friend, have you been stranded on the German edition of Startbase? At least your browser tells us, that you do not speak German - so maybe you would like to switch to the English edition instead?
FYI: Deutsche Edition verfügbar
Hallo mein Freund, du befindest dich auf der Englischen Edition der Startbase und laut deinem Browser sprichst du eigentlich auch Deutsch. Magst du die Sprache wechseln?