An Italian company that provides e-commerce platforms with circular and sustainable packaging has secured £2M seed funding round ahead of its collaboration with Royal Mail.
Movopack said the funding will support its official launch in the UK – the company’s first expansion outside Italy.
As part of the launch, Movopack will allow consumers to return packaging through the Royal Mail postal system, which includes 115,000 post boxes across the UK.
Movopack said its packaging is made from recycled plastic bottles (rPET) and woven recycled polypropylene (PP), and can be reused by retailers up to 20 times.
Movopack highlighted a Life Cycle Assessment conducted by Life Cycle Engineering that showed its packaging reduces CO₂ emissions by 84%, energy consumption by 80%, and water consumption by 76%.
Tomaso Torriani, CEO and co-founder of Movopack, commented: “This funding round demonstrates the growing enthusiasm for Movopack’s potential to transform the e-commerce industry with sustainable, circular packaging solutions.
“We’re particularly excited about this investment as it enables us to launch in the UK at a time when the demand for sustainable solutions has never been stronger.
“Consumers and brands alike are seeking impactful ways to contribute to a world where societies and economies can grow and thrive without compromising the environment – and we are here to meet that need.”
