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EQT Ventures leads Series A €15 million investment in packaging startup Packmatic

Photo: Pack­ma­tic pack­a­ging machine © packmatic
29. Janu­ary 2024

Berlin/ Munich — EQT Ventures has led a Series A finan­cing round of EUR 15 million in the Berlin-based startup Pack­ma­tic, a leading digi­tal purcha­sing plat­form for pack­a­ging in Europe. Other inves­tors included HV Capi­tal and xDeck as well as the foun­ders of Zalando as busi­ness angels. A large part of the invest­ment will be used to further expand the supplier network and the company’s presence in Europe.

More than 100 medium-sized compa­nies and fast-growing digi­tal compa­nies use Pack­ma­tic to achieve sustainable savings poten­tial and opti­mize their pack­a­ging in line with current sustaina­bi­lity stan­dards. With more than 300 pack­a­ging suppli­ers, Pack­ma­tic has access to the largest supplier network in Europe and can access suppli­ers’ machine fleets in just a few clicks with its speci­ally deve­lo­ped Smart Matching technology.

About EQT Ventures

EQT Ventures is the venture capi­tal fund of EQT, a global invest­ment orga­niza­tion. EQT Ventures invests in fast-growing, inno­va­tive and tech­­no­­logy-driven compa­nies in all sectors world­wide, with a focus on Europe and the US.

Advi­sor to EQT Ventures: DLA PIPER

The DLA Piper team was led by Frank­furt Part­ner Andreas Füch­sel and Senior Asso­ciate Phil­ipp Meyer, toge­ther with Part­ner Mikael Moreira, Senior Asso­ciate Erik Rosberg and Asso­ciate Joacim Kanstedt (all Private Equity/M&A) from Stockholm.

Also invol­ved were part­ners Verena Grent­zen­berg (data protec­tion, Hamburg), Dr. Thilo von Bodun­gen (commer­cial, Munich), senior asso­ciate Eike Bodo Matthes (IP, Frank­furt), asso­cia­tes Monika Marin­cic (commer­cial, Munich), Hannah Modi (employ­ment law), Phil­ipp Schme­chel (data protec­tion, both Hamburg), Damian Merks (private equity/M&A) and trai­nee lawyer Alex­an­der Zwil­ling (corpo­rate, both Frankfurt).

About DLA Piper

DLA Piper is one of the world’s leading commer­cial law firms, with offices in more than 40 count­ries in Africa, Asia, Austra­lia, Europe, the Middle East, and North and South America. In Germany, DLA Piper is repre­sen­ted by more than 290 lawy­ers in Frank­furt, Hamburg, Colo­gne and Munich.

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