Reusables.com raises $2.6 million to expand smart reusable packaging technology

Reusables.com raises $2.6 million to expand smart reusable packaging technology
Business

Reusables.com has announced the successful closure of a $2.6 million USD (£2.1 million) seed funding round, which was oversubscribed. The round was co-led by StandUp Ventures and Amplify Capital, with additional support from Sandpiper Ventures and Emend Vision Fund. The investment will be used to expand the company's hardware-enabled SaaS solutions, enhancing its role within the growing circular economy sector.

Founded by Vancouver-based entrepreneurs Jason Hawkins and Anastasia Kiku, Reusables.com has shifted its focus from restaurant services to supplying institutional food service operators, such as universities and hospitals. The company reports it is on course to triple its revenue this year, reaching multi-million-dollar figures.

Reusables.com Raises $2.6M Round to Tackle $100B+ Packaging Waste Opportunity, Launches University of California (CNW Group/Reusables.com)

Reusables.com offers a technology-driven reuse system featuring "Tap to Reuse" software and Smart Return Bins, designed to make it easier for food service operators to track and manage reusable food containers. Unlike traditional reuse models, the system eliminates the need for deposits, uses existing on-site cleaning facilities to reduce transport emissions, and aims to deliver both cost savings and environmental benefits.

According to Reusables.com, their solution addresses common challenges faced by reuse initiatives, such as managing cleaning, inventory, and logistics, positioning the company as a scalable option for large institutions seeking to reduce disposable packaging waste.

Jason Hawkins, CEO at Reusables.com, said: Our approach is simple: make reuse more cost-effective and convenient than waste. We're thrilled to be backed by the best tech and climate investors as we scale real impact, not just optics. Greenwashing won't solve the waste crisis—technology and execution will.

The funding is expected to accelerate the company’s growth and further its mission of enabling efficient, tech-enabled reuse across institutional food services.

Latest Packaging News

Autopack and Weightpack link-up to provide advanced net weight filling systems to UK manufacturers
Supplier News

Autopack and Weightpack link-up to provide advanced net weight filling systems to UK manufacturers

Leading independent integrator of packaging lines Autopack has entered into a strategic partnership...
Tostitos unveils limited-edition NFL team tortilla chip bags
Business

Tostitos unveils limited-edition NFL team tortilla chip bags

Tostitos has announced the return of its limited-edition NFL team packaging as part of its latest...
method unveils limited-edition artist-designed body wash bottles inspired by US cities
Business

method unveils limited-edition artist-designed body wash bottles inspired by US cities

Personal care brand method has introduced a limited-edition body wash collection featuring bottle...
Toilet paper packaging features US national park-inspired wrapper designs
Sustainability

Toilet paper packaging features US national park-inspired wrapper designs

Who Gives A Crap has renewed its collaboration with Parks Project, bringing back the...
Bandall: A smarter way to label meat packaging
Supplier News

Bandall: A smarter way to label meat packaging

Meat packaging labels play an important role in product presentation and food information. They...