The round co-led by M Ventures & TVF and joined by HTGF will be used to scale up the production and sales of coating machines.
IonKraft secures €3.5M equity funding to fuel circular economy in packaging

Aachen (Germany)-based startup IonKraft GmbH, a spin-off of RWTH Aachen University, has successfully closed a first equity financing round of € 3.5 million. The round was co-led by M Ventures (the strategic investment fund of Merck) and TechVision Fund and joined by High-Tech-Gründerfonds. IonKraft develops innovative plasma-based barrier coatings that can replace non-recyclable barrier solutions and enables a fully circular economy in the packaging industry. The capital will be used to prepare the market entry and scale production.
“This financing round is a decisive step to support the market launch of our technology and to prepare for future scaling. We are thrilled to have a diverse group of investors who share our vision and will provide us with support on multiple levels.” says Benedikt Heuer, Co-Founder of IonKraft.
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