New funding of €10 million secured by Yangi for expanding dry forming technology
In a significant stride towards sustainable packaging solutions, Swedish startup Yangi has secured €10 million in a Series A funding round. The funding round was led by venture capital fund Industrifonden, with participation from a diverse group of investors including Ziba Holding GmbH, Hakola Group Oy, Almi Invest GreenTech, Voith, Chanel, FutureLab & Partners, and Turret Oy.
Anna Haupt, investment director at Industrifonden, expressed her confidence in Yangi's dry forming technology, stating that it has the potential to compete with plastic in cost per unit. The technology, designed for industrial-scale fibre packaging, aims to enhance performance, quality, and sustainability in packaging, reducing water and energy consumption and CO2 emissions by up to 70%.
Yangi introduced its Yangi Cellera industrial machine platform in February, a groundbreaking innovation designed in collaboration with GDM and AP&T. The machine is set to revolutionise the packaging industry, offering a scalable, renewable alternative to fossil-based plastics.
The first machine has already been sold to a European converter, and the first products using Yangi's fibre technology were distributed to Asian customers at the end of 2024. This marks a significant milestone for the company, as it positions itself at the forefront of the sustainable packaging revolution.
As the world becomes increasingly conscious of the need for sustainable packaging solutions, regulations are tightening. The Packaging and Packaging Waste Regulation in 2025 is detailed in an ultimate guide, providing insights into the global packaging sustainability regulations expected in the coming years.
The progress of top brands on packaging sustainability is covered in a separate article. As more companies embrace sustainable practices, the future of packaging looks greener than ever. With Yangi's innovative technology and the support of its diverse investor base, the company is poised to make a significant impact in the packaging industry.
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