
Reusable packaging start-up Vytal raises € 14 million
Cologne — VYTAL Global GmbH, a leading provider of intelligent reusable packaging solutions, has successfully closed a growth financing of EUR 14.2 million to further drive its international growth. The current investment was led by Inven Capital, a growth fund specializing in climate tech, together with NRW.Venture, the venture capital fund of NRW.BANK. Both investors strengthen Vytal’s renowned group of shareholders, which already includes Emerald Technology Ventures, Grazia Equity, Kiko, Rubio Impact Ventures and Chi Impact Capital.
Since 2020, Vytal has been offering reusable containers as an ecological alternative for take-away meals, which can be found at more than 450 restaurants in Cologne alone.
The fresh funds will allow Vytal to further develop its technology and make reusable packaging even more efficient for companies and consumers. In addition, new economic benefits will be created through brand partnerships and improved customer interaction. A significant portion of the funding will also go towards expansion in the US market, while Vytal consolidates its leading position in Europe.
Successful internationalization and growing customer base
Last year, Vytal more than doubled its turnover and expanded internationally with new franchise partners in Albania, Greece, the United Arab Emirates and South Africa. In addition, a new business unit for major consumer brands and the event and entertainment industry was established. High-profile customers such as Pepsi, UEFA Euro 2024 fan zones, Hyrox and Live Nation’s Insomniac Festival Group already rely on Vytal’s reusable models. This expansion shows that Vytal is establishing itself as an indispensable partner for major brands and events and that the demand for sustainable packaging solutions is growing beyond the hospitality industry.
Since its foundation in 2020, Vytal has developed into the most comprehensive digital reusable packaging network. The company licenses its technology platform and operates its own subsidiaries in several countries in Europe and beyond. In just five years, Vytal has established itself as a key driver of the transformation from single-use to reusable packaging and offers an innovative, scalable and economically viable alternative for companies in the food service, beverage and event management industries.
“This financing round follows less than nine months after our last one and underlines the extraordinary success our team has achieved in 2024,” says Dr. Tim Breker, co-founder and CEO of Vytal. “With Inven Capital and their expertise in international growth, we are ideally positioned to further scale our business model and establish reusable packaging as the standard in foodservice, events and entertainment worldwide.”
With the ever-increasing number of regulations restricting single-use packaging, Vytal’s data- and technology-driven approach positions it at the forefront of a rapidly growing market. The support from Inven Capital and NRW.Venture confirms the confidence in Vytal’s ability to transform the packaging industry towards a circular economy and realize environmental and economic benefits at scale.
Companies, brands and event organizers looking for smart and sustainable packaging solutions will find in Vytal the perfect partner for a sustainable circular economy with real economic added value.
“We have been supporting the Vytal team since the very beginning and are convinced that they are ideally positioned to transform the packaging industry towards a circular economy,” says Kristyna Machova, Investment Director at Inven. “Single-use packaging — especially plastic — is unnecessarily resource- and energy-intensive. Vytal’s data-driven and technological innovations not only make reusable packaging economically attractive, but also more user-friendly for consumers and companies.”
About VYTAL Global GmbH
VYTAL Global is revolutionizing the packaging industry by replacing single-use packaging with intelligent reusable solutions. Using cutting-edge software and data analytics, Vytal provides economically viable and sustainable packaging solutions that benefit both businesses and the environment. The company has been internationally recognized by the Harvard Business Review for its innovative data model and is a leader in the global transition to a circular economy. With a network of over 7,000 partners in 24 countries, Vytal is driving the reduction of single-use packaging waste.
Vytal has launched a specialized business unit to expand its reach and provide reusable solutions for the event and entertainment industry. This initiative demonstrates Vytal’s commitment to sustainability by meeting the specific needs of large events and venues. — VYTAL Global and its international subsidiaries share a clear vision: to transform packaging systems worldwide and create innovative, environmentally friendly alternatives for a more sustainable future.
About Inven Capital
Inven Capital is a €500 million European venture capital fund specializing in late-stage climate tech investments, backed by CEZ Group and the European Investment Bank. Inven Capital’s strategy is to invest in innovative, fast-growing scale-ups with demonstrable revenues and strong decarbonization potential. Since 2015, Inven Capital has invested in eighteen companies, including Sonnen, Sunfire, tado, Forto, Driivz, CyberX and Taranis, with five successful exits.
www.invencapital.cz