
NRW.BANK: € 3.5 million for reusable technology specialist Vytal Global
Cologne — NRW.BANK has invested EUR 3.5 million in growth capital in Vytal Global via its venture capital fund NRW.Venture. In total, the financing amounted to EUR 14.2 million. The current investment was led by Inven Capital together with NRW.Venture, which is complemented by investors such as Emerald Technology Ventures, Grazia, Rubio, Chi Impact Capital and Kiko.
“Vytal impresses both with its highly scalable technology platform and the steadily increasing market traction that the company has been able to demonstrate in recent years,” says Maximilian Erb, Investment Manager at NRW.Venture, who will also represent the bank on the company’s advisory board. “With its digital reusable solutions, Vytal Global shows that sustainable business ideas are competitive and can also scale internationally.”
“This new funding follows less than nine months after our last one and reflects the exceptional success the Vytal team has achieved in 2024,” says Dr. Tim Breker, co-founder and CEO of Vytal. “With our new investors’ expertise in supporting international growth strategies, we are ideally positioned to further scale our impact and establish digital reusable packaging as the new standard in the hospitality, event and entertainment sectors worldwide.”
VYTAL Global GmbH develops data-driven intelligent reusable solutions that outperform existing single-use packaging in terms of both user experience and cost-effectiveness, thereby driving the transformation of the packaging industry towards a circular economy. The new capital will primarily be used to strengthen Vytal’s global market leadership, accelerate product development and drive international expansion.
NRW.BANK participates in financing rounds such as this one in order to be able to support forward-looking start-ups with equity capital in a targeted manner. With its packaging technology, the young company VYTAL Global conserves resources and also contributes to the transformation of the economy.
About VYTAL Global GmbH
VYTAL Global is revolutionizing the packaging industry by replacing single-use packaging with intelligent reusable solutions. Using state-of-the-art 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. www.vytal.org
About NRW.Venture
NRW.Venture is NRW.BANK’s response to the shortage of financing for young, innovative, often technology-oriented companies that are often unable to obtain financing through loans. Their main capital consists of a new market idea, which makes it difficult to assess their chances of success. NRW.Venture invests up to EUR 15 million of equity in such start-ups over several financing rounds — together with private-sector investors. NRW.BANK takes minority stakes over a period of three to seven years. However, the commitment involves more than just capital — an experienced team is the key to joint success. NRW.Venture’s investment professionals with many years of venture capital experience, and often also technology and start-up experience, use their know-how and network to ensure that start-ups have the best chances of success.