Vytal completes a €2 million funding round backed by investors from Germany.

Germany United Kingdom Luxembourg 10 February 2021
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Vytal, a Cologne, Germany-based startup building a business around a digital reusable packaging system used in the restaurant business, announced that it completed a capital funding round of about €2 million ($2.4M).

The money was raised from German investors including Nixdorf Kapital Impact Fund, Burning Issues Impact Fund and angel investors Georg Kofler (via Food Chain GMBH) and Kai Hansen. Post transaction, outside investors control 31% of the company's shares.

Vytal, founded in 2019 by Tim Breker, Sven Witthöft and Fabian Barthel, developed a business concept involving a reusable packaging system with premium, 100%-leak proof bowls for take-out and delivery food. 

The system is targeted at canteen operators, restaurants, supermarkets and delivery services looking to use a Packaging-as-a-Service model and on a pay-per-filling basis.

Consumers register in an app or buy an offline member card to receive their food in Vytal's bowls and return them to any partner outlet where the bowls are locally cleaned.

The company works with around 700 partners, including restaurants and large caterers from Eurest, Aramark, Dussmann or Klüh.

Total investments received (USD): 33.88M

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