Boomerang
"We believe to bring more sustainability into the growing E-Commerce"
"We believe to bring more sustainability into the growing E-Commerce"
Boomerang is a German-based startup founded in 2022, with a mission to bring more sustainability into the growing E-Commerce. The company offers a unique solution in the Logistics and Sustainability industries by providing reusable shipping packaging for online retailers. This approach aims to replace single-use shipping packages, reducing Co2 emissions and promoting the circular economy.
Their system, based on an intelligent deposit model and a return logistics system, allows the packaging to be reused up to 50 times, presenting online stores with the opportunity to enhance their sustainability profile and save costs. In August 2023, Boomerang secured a €1.10M Pre Seed Round investment from FIVE Investments GmbH, signaling confidence and potential support from the investor community.
By addressing a critical need in the E-Commerce sector with a strong focus on sustainability, Boomerang positions itself as a promising venture for investors seeking opportunities in the intersection of technology and environmental impact.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Pre Seed Round | €1.10M | 1 | FIVE Investments GmbH | 16 Aug 2023 |
| Pre Seed Round | Unknown | 6 | Beate Rosenthal, Nikolaus D. Bayer +4 | 04 Jul 2022 |
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