Vytal secures over 6 million euros

Vytal secures over 6 million euros for the expansion of sustainable reusable packaging. The fresh capital will further drive the transformation of the packaging industry

Cologne, June 2024 - VYTAL Global GmbH has closed a €6 million financing round. The fresh capital is provided by Emerald Technology Ventures, with its Sustainable Packaging Innovation Fund, as well as Ventis and existing investors Grazia Equity, Kiko Ventures and Rubio.

Investments and objectives

The capital will be used to further drive the transformation of the packaging industry towards sustainable reusable solutions. Vytal aims to replace single-use packaging with sustainable alternatives that offer benefits along the entire value chain. These solutions are aimed at raw material suppliers, end consumers and professional washing centers.

With Emerald, we have gained an experienced investor to help us accelerate the transformation of the packaging industry. Our technology platform is ideally positioned to compete globally.

Dr. Tim Breker, Co-Founder and Managing Director of Vytal

Successes and pilot projects

Vytal operates an open reusable system with partners in 17 countries. A large-scale pilot project at the OMR Festival in Hamburg demonstrated the success of the solutions: 70,000 participants used the reusable packaging, which significantly improved efficiency and sustainability. RFID-supported packaging enabled automatic quantity recording and efficient return processes.

We want to completely eliminate disposable packaging. Reusable packaging should become the standard solution for food and drinks on campus, in fast food restaurants and at events.

Dr. Josephine Kreische, Managing Director of VYTAL Events & Entertainment Solutions GmbH

Fredric Petit from Emerald Technology Ventures adds: "Vytal has shown that they combine visionary thinking with strong execution capabilities. We look forward to supporting the team in scaling their technology and realizing the economic and environmental benefits of reusable packaging."

Future plans

Vytal will use the new capital to expand into new markets and further develop its software and data-driven offerings. The goal is to maximize the benefits of reusable packaging for all stakeholders along the value chain.

We recently reported on the Startbase the partnership with Pepsico and before that about a crowdinvesting round. VYTAL Global GmbH is dedicated to eliminating single-use packaging through advanced reusable solutions. Using software and data analytics, Vytal offers efficient, cost-effective and sustainable packaging options that benefit both businesses and the environment. The startup works with 7,000 partners in 17 countries worldwide to reduce the use of single-use packaging and promote sustainable alternatives.