Boomerang Systems UG
Latest round
- Seed
Last raised
- Aug 2023
Total raised
- $1.2M
Investors
- 6
About Boomerang Systems UG
Based in Hamburg, Germany, and founded in 2022 by Marc Engleman, Catherine Kreutzer, and Christian Putz, Boomerang Systems UG provides recyclable shipping bags that primarily serves mail-order businesses. The company offers reusable shipping bags and a deposit system. The customer has to deposit 3 EUROS for each shipping bag and after returning those bags to the company customers will get a refund of their deposits. The firm shipping bags can be reused up to 50 times which eliminates the packaging waste and reduces CO2 emissions. The company generates its revenue by charging 3 EUROS as a deposit for each of its shipping bags.
Who invested in Boomerang Systems UG
6 investors across 1 round
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Funding rounds
Seed
Aug 15, 2023
Amount
$1.2M
Investors
Questions about Boomerang Systems UG
Who invested in Boomerang Systems UG?
Boomerang Systems UG has 6 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Boomerang Systems UG raised?
Boomerang Systems UG has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Boomerang Systems UG last raise money?
Boomerang Systems UG's most recent round on record is a Seed, in Aug 2023.
What does Boomerang Systems UG do?
Based in Hamburg, Germany, and founded in 2022 by Marc Engleman, Catherine Kreutzer, and Christian Putz, Boomerang Systems UG provides recyclable shipping bags that primarily serves mail-order businesses.
Where is Boomerang Systems UG headquartered?
Boomerang Systems UG is headquartered in Hamburg, Germany.
Which VCs invest in companies like Boomerang Systems UG?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back packaging companies at Boomerang Systems UG's stage. Their profiles are linked below.
VCs backing packaging startups at Seed
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