# hey circle

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hey-circle

- Industry: Packaging
- Headquarters: Munich, Germany
- Website: www.heycircle.de
- Total disclosed funding: $1.6M
- Latest round: Seed (Dec 18, 2023)
- Investors on record: 5

## About

Based in Munich, Germany, and founded by Doris Diebold (CEO) in 2021, hey circle GmbH operates as a manufacturer of shipping packaging for online retail that is made from sustainable materials. Some of the firm’s customers include Austrian Post, Trigema, VIU, Steinemieten, and Frank Dental. In January 2024, the firm raised EUR 1.5 million in seed funding led by Capacura, with participation from other investors Gateway Ventures, CK Venture Capital, Superangels, and Brangs + Heinrich GmbH.

The company specializes in reusable shipping packaging system. The reusable shipping system involves renting boxes and bags to companies, creating a circular process that significantly reduces waste, CO2 emissions, and resource consumption. These eco-friendly packages circulate up to 50 times between online retailers and consumers. The hey circle tech solution facilitates seamless IT integration into online shops, promoting a strong return incentive for maximum circulation.

The company plans to utilize the January 2024 funding to strengthen its IT and sales teams, increase its production capacity, and diversify its product line.

## Funding rounds

- Seed, Dec 18, 2023, $1.6M — capacura, CK Venture Capital, Gateway Ventures, Superangels, Brangs + Heinrich GmbH

## Investors

- capacura (https://capitalatlas.ai/funds/capacura) — Seed
- CK Venture Capital (https://capitalatlas.ai/funds/ck-venture-capital) — Seed
- Gateway Ventures (https://capitalatlas.ai/funds/gateway-ventures) — Seed
- Superangels (https://capitalatlas.ai/funds/superangels) — Seed
- Brangs + Heinrich GmbH — Seed