31 Mar 2023 --- Recyda has received €1.75 million (US$1.9 million) from a new funding round to further develop its Software as a Service (SaaS) solution. The software assists multinational companies by offering an all-in-one solution to digitally manage their packaging portfolios and contribute to circular economy targets. Recyda specializes in the software-supported evaluation of the recyclability of packaging and is now being strengthened with fresh capital. The new financing round of the start-up, founded by Vivian Loftin, Anna Zießow and Christian Knobloch, is led by an investor consortium consisting of the lead investor Speedinvest, the existing investor Futury Capital from the pre-seed round 2021, the Auxxo Female Catalyst Fund and other businesses such as Dr. Stephan Rohr (Twaice), Benedikt Franke (Helpling Group) and Martin Weber (one • fıve). Recyda intends to use the capital to expand into international markets, acquire new customers and develop products.
