Vytal Global GmbH, the leading provider of smart reusable packaging solutions, has successfully raised €14.2 million in a growth funding round to accelerate its international growth. The new investment was led by Inven Capital, alongside NRW.Venture.
About Vytal
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Founded in 2020 by Dr. Tim Breker, Dr. Fabian Barthel, and Sven Witthöft, Vytal is based in Cologne. The company develops a global operating system for reusables, providing the software backbone for the circular economy.
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Vytal is transforming the packaging industry by eliminating single-use materials through innovative, data-driven reusable solutions. By leveraging advanced software and analytics, the company offers businesses a cost-effective and sustainable alternative that benefits both the economy and the environment.
“Today’s packaging solutions, especially single-use plastic packaging, are unnecessarily energy- and resource intensive compared to smart reusable packaging solutions. We value Vytal's innovative use of data and technology as a key differentiator, fostering a circular economy where reusable packaging is cost-competitive as well as superior in user experience,” said Kristyna Machova, Investment Director at Inven Capital.
Investment details
Inven Capital and NRW.Venture provided €8 million to the company, raising its total growth funding to €14.2 million. Existing investors included Emerald Technology Ventures, Grazia, Rubio, Chi Impact Capital, and Kiko Ventures.
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Inven Capital, a Prague-based venture capital fund investing in climate tech startups across Europe and Israel, is one of the co-leads in the round. The firm has €500 million at its disposal over two fund generations.
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The firm portfolio includes Swedish software company Eliq and Scottish company Ember.
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NRW.Venture is a German venture capital firm investing in innovative tech startups. They provide up to €15 million in equity, focusing on areas like climate tech, AI, and life sciences, while offering expertise and support to drive success.
The new funding will unlock new economic benefits through brand partnerships and consumer engagement. A significant portion of the funds will drive Vytal’s US expansion while reinforcing its leadership position in Europe.
