Milan-based Movopack, a provider of circular and sustainable packaging for e-commerce, has secured £2M (approximately €2.4M) in seed funding.
Lucrezia Lucotti, Partner at 360 Capital, says, "To date, sustainable packaging for e-commerce has garnered growing attention; however, it continues to be marked by fragmentation, and, notably, a lack of digital integration."
Movopack's UK launch will enable consumers to return packaging using Royal Mail's network of 115,000 postboxes, simplifying the return process.
Tomaso Torriani, CEO and co-founder of Movopack, says, "This funding round demonstrates the growing enthusiasm for Movopack's potential to transform the e-commerce industry with sustainable, circular packaging solutions."
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