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After reaching its growth target of three million single-use packages saved a year earlier, the provider of digital reusable solutions for restaurants and retailers will receive USD 10 million to expand its digital reusable system.
The round is led by Grazia Equity, which is co-investing with IP Group and Rubio Impact Ventures. In addition to numerous well-known angel investors such as the founders of Flixbus, Tier founder Lawrence Leuschner and Doppelgänger Podcast host Philipp Klöckler, two well-known names from the food delivery business, Emanuel Pallua (founder of Foodora) and Christian von Hardenberg (CTO of Delivery Hero), are also supporting the start-up known from German TV show "Höhle der Löwen".
Hogan Lovells advised Vytal extensively on all legal issues throughout the entire financing round.
Hogan Lovells team for Vytal Global GmbH
Dr. Nikolas Zirngibl (Partner), Thiemo Woertge (Senior Associate) (both corporate, Munich).