Specialising in digital temperature control systems, watttron has raised €12 million in Series B
funding. The round was led by the Circular Innovation Fund (CIF), a global venture capital fund
focused on circular innovation alongside Europe’s Demeter, North America’s Cycle Capital, and the European Circular Bioeconomy Fund (ECBF).
In addition, watttron’s long-term partners – TGFS Technologiegründerfonds Sachsen, Constancia
New Business (CNB), SKion GmbH, the BA Mr. Rico Kleinhempel, and new investors contributed
to this round.
The latest funding will allow watttron to develop its technological capabilities of sustainable
packaging solutions and expand into the American and Asian markets.
https://techfundingnews.com/germany-based-sustainable-tech-startup-watttron-wraps-e12m-to-evolutionize-eco-friendly-packaging/
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