Recyda

SoftwareSeries AFreiburg im Breisgau, Germanyrecyda.com

Latest round

Series A

Last raised

Jun 2024

Total raised

$8.6M

Investors

4

About Recyda

Recyda GmbH, founded in 2020 in Freiburg im Breisgau, Germany, specializes in packaging sustainability solutions.Recyda specializes in packaging sustainability management software designed to assist companies in analyzing and optimizing the recyclability of their packaging portfolios. The core product enables users to assess packaging according to national and international industry standards, calculate eco-modulated Extended Producer Responsibility (EPR) fees and plastic taxes across various European countries, and manage packaging data efficiently from a centralized platform.Recyda generates revenue primarily through a subscription-based model for its software solutions, allowing clients ongoing access to its packaging sustainability management tools. Customers typically enter into annual contracts that include comprehensive support and updates, ensuring seamless integration with existing systems. The company aims to develop new features and products tailored to evolving market needs. Additionally, Recyda is targeting expansion into broader European markets to enhance its reach and support companies in compliance with stringent recycling regulations.

Who invested in Recyda

4 investors across 3 rounds

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Funding rounds

  1. Series A

    Jun 25, 2024

    Amount

    $6.7M

    Investors

    Locked

  2. Seed

    Jan 27, 2023

    Amount

    $1.9M

    Investors

    Locked

  3. Seed

    Aug 11, 2021

    Amount

    Undisclosed

    Investors

    Locked

Questions about Recyda

Who invested in Recyda?

Recyda has 4 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Recyda raised?

Recyda has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Recyda last raise money?

Recyda's most recent round on record is a Series A, in Jun 2024.

What does Recyda do?

Recyda GmbH, founded in 2020 in Freiburg im Breisgau, Germany, specializes in packaging sustainability solutions.

Where is Recyda headquartered?

Recyda is headquartered in Freiburg im Breisgau, Germany.

Which VCs invest in companies like Recyda?

Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Recyda's stage. Their profiles are linked below.

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