Tech Company Financing Transactions
Movopack Funding Round
Movopack closed a $2.5 million Seed funding round on 11/28/2024. Investors included 360 Capital Partners and Techstars Ventures.
Transaction Overview
Company Name
Announced On
11/28/2024
Transaction Type
Venture Equity
Amount
$2,500,000
Round
Seed
Investors
360 Capital Partners (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate its official launch in the UK, its first expansion outside of Italy, to help tackle a growing packaging waste crisis, where an estimated 1.7 Billion pieces of plastic are discarded weekly.
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
Viale Francesco Restelli 5
Milan, 20124
Italy
Milan, 20124
Italy
Phone
Website
Email Address
Overview
As e-commerce is soaring to new heights, the demand for packaging grew exponentially, and so did our determination to break free from the single-use trap. Choosing circularity over linearity, we created reusable packaging that surpasses traditional cardboard boxes. Our durable products are set to redefine norms, reduce carbon footprint, and lighten the impact on our planet.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tomaso Torriani
Chief Operating Officer
Andrea Cipollone
VP - Bus. Development
Alberto Cisco
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