Reath, the digital platform for reusable packaging, has secured a Seed round led by early stage VC firm Techstart and followed by leading US-based cleantech fund, Elemental, and impact funds Echo River Capital and Mana Impact, as well as strategic angels.
This Seed funding round is in conjunction with grant funding awarded to Reath which will be announced later this year.
Claire Rampen, CEO at Reath said:
"We are so pleased to be working with a global cohort of investors, spanning Hawaii to Singapore, to bring our mission to life. We see immense value in having such experienced and impact-focused funds joining the round and supporting Reath with our next stage of growth and development."
About Reath:
Reath is an Edinburgh-based software business, founded by Claire Rampen and Emily Rogers. The Reath platform enables businesses to transition to safe, data-driven reusable packaging. The Reath technology combines affordable, ubiquitous machine-readable trackers (e.g. , QR codes), with the reuse.id® Data Standard to create safe, compliant and data-driven reusable packaging systems.