Recyda Secures €6.3M to Expand Sustainable Packaging Platform

Funding round to fuel global expansion and enhance sustainability solutions for the packaging industry

Recyda GmbH, a Germany-based sustainability startup, has secured €6.3 million in Series A funding led by Cusp Capital. This marks a significant step forward for Recyda’s mission to revolutionize the packaging industry with its digital platform, which simplifies compliance with international sustainability regulations. The platform, designed for packaging manufacturers, retailers, and brand owners, allows companies to assess recyclability, manage packaging data, and meet European sustainability targets. With this investment, Recyda aims to expand into new markets, acquire more clients, and enhance its product offerings, driving the shift toward sustainable packaging worldwide.

Investment Led by Cusp Capital

Cusp Capital, a venture capital firm specializing in early-stage technology investments, led the funding round. Other existing investors, such as Speedinvest, Futury Capital, and Auxxo Female Catalyst Fund, also contributed, further demonstrating confidence in Recyda’s growth potential. The round included notable business angels like Dr. Stephan Rohr (TWAICE), Benedikt Franke (Planetly / Helpling), and Martin Weber (one • five). This financial boost underscores the industry’s increasing focus on sustainable solutions, as the pressure to comply with stringent EU packaging regulations mounts.

Tackling EU Sustainability Challenges

The packaging industry is under mounting pressure to adhere to new EU regulations, which aim to drastically reduce environmental impact. Recyda’s SaaS platform offers a streamlined solution for packaging manufacturers and brand owners, empowering them to manage complex international sustainability regulations. The platform helps companies assess the recyclability of packaging, calculate Extended Producer Responsibility (EPR) fees, and ensure compliance across various markets. Among its early customers are well-known brands such as Beiersdorf, Kao, and Trolli, all of whom rely on Recyda’s platform to enhance their sustainability efforts.

Strong Partnerships and Customer Base

Kao, a leading Japanese consumer goods company, has been working closely with Recyda to manage its packaging sustainability. The company uses Recyda’s platform to assess the recyclability of its products and optimize packaging across various markets. Daniel Nebe, Senior Manager of Package Development at Kao, emphasized the importance of using digital solutions to transition to a circular economy, noting how Recyda’s insights support their sustainability goals.

Recyda’s platform has gained significant traction due to its user-friendly interface and ability to provide detailed insights throughout the packaging value chain. The software supports sustainability efforts in packaging research and development, master data management, and financial reporting.

Vision for Global Expansion

With this new funding, Recyda plans to expand internationally, targeting new markets and strengthening its customer base. The company’s vision is to become the global standard for sustainable packaging management, setting new benchmarks for innovation and efficiency in the industry. Co-founder and CEO Christian Knobloch expressed excitement about the opportunity to accelerate growth, citing the strategic alignment between Recyda’s mission and Cusp Capital’s focus on digitization and sustainability.

Cusp Capital’s General Partner, Dr. Maximilian Rowoldt, praised Recyda’s potential to become the leading operating system for sustainable packaging. He emphasized that the platform provides a solid data foundation for managing packaging portfolios across functions like sustainability and finance, making it a valuable asset for companies looking to reduce their environmental footprint.

Recyda’s €6.3 million Series A funding marks a pivotal moment in the company’s journey toward becoming a global leader in sustainable packaging solutions. With strong investor backing and a growing customer base, the company is well-positioned to drive innovation in the packaging industry, helping brands meet international sustainability standards while optimizing packaging design. This investment will fuel Recyda’s expansion into new markets, further solidifying its role in shaping the future of sustainable packaging.