Royal Mail facilitates Movopack’s reusable packaging rollout in the UK

Royal Mail facilitates Movopack reusable packaging rollout in the UK
Business

Movopack, an Italy-based company specialising in circular packaging solutions, has raised £2 million ($2.53 million) in seed funding to support its expansion into the UK market. The move marks a critical step in its mission to tackle e-commerce packaging waste.

The funding round, led by 360 Capital, included contributions from Greiner Innoventures and Techstars. This financial boost comes as the EU sets ambitious targets for e-commerce sustainability, requiring 10% of e-commerce packaging to be reusable by 2030, rising to 50% by 2040.

Movopack provides cost-effective solutions for e-commerce retailers looking to meet these regulations while addressing consumer demand for environmentally friendly practices. Its reusable packaging is made from recycled materials, including plastic bottles and polypropylene, and is designed for durability, withstanding up to 20 uses through the postal system.

The UK rollout leverages Royal Mail’s extensive network of 115,000 post boxes, making returns convenient for consumers. This expansion reflects the growing interest among British retailers in sustainable practices to align with environmental objectives and consumer expectations.

Tomaso Torriani, CEO and co-founder of Movopack, said: This funding round demonstrates the growing enthusiasm for Movopack's potential to transform the e-commerce industry with sustainable, circular packaging solutions.
We're particularly excited about this investment as it enables us to launch in the UK at a time when the demand for sustainable solutions has never been stronger. Consumers and brands alike are seeking impactful ways to contribute to a world where societies and economies can grow and thrive without compromising the environment - and we are here to meet that need.
At Movopack, we're working on making sustainability not just an option, but a standard in e-commerce.

Movopack’s innovative approach positions it as a key player in the shift towards circular economies, particularly in the e-commerce sector.

Latest Packaging News

Absolut trials 'industry-first' paper cap and bottle combo
Sustainability

Absolut trials 'industry-first' paper cap and bottle combo

Absolut has taken another step in its sustainable packaging journey by trialling an industry-first...
Paramount Packaging Systems: Fast-track flow wrapping solution for leading food producer
Supplier News

Paramount Packaging Systems: Fast-track flow wrapping solution for leading food producer

The challenge When a long-standing food manufacturer experienced the sudden failure of two vital...
Spectra helps Bumboo clean up sustainably with 100% POP PCR bottles
Supplier News

Spectra helps Bumboo clean up sustainably with 100% POP PCR bottles

Spectra proudly partnered with Bumboo on their latest innovation, a reusable household cleaning...
King's Hawaiian unveils fresh packaging design for 75th anniversary
Business

King's Hawaiian unveils fresh packaging design for 75th anniversary

King's Hawaiian, known for its popular sweet rolls and other baked goods in America, has introduced...
Fiat unveils car featuring parts made from recycled beverage cartons
Sustainability

Fiat unveils car featuring parts made from recycled beverage cartons

Beverage cartons have found a new life as part of a groundbreaking development for the automotive...