Recyda GmbH, founded in 2020 and headquartered in Germany, offers a transformative software solution to tackle the challenges of packaging sustainability and international compliance. The platform targets large, internationally operating brand owners, packaging manufacturers, and retailers to streamline their navigation of global regulations and optimize packaging strategies.
By providing comprehensive control with features that assess recyclability across various countries and leverage eco-modulated Extended Producer Responsibility (EPR) fees, Recyda aims to cut costs and enhance sustainability goals. This aligns with their vision of supporting businesses in their shift towards a circular economy.
Recently receiving a €6.30M Series A investment on 24 October 2024, the funding round involved investors such as Speedinvest, Cusp Capital, Futury Capital, Auxxo Female Catalyst Fund, Dr. Stephan Rohr, Benedikt Franke, and Martin Weber. Recyda is positioned at the intersection of Consumer Products, Data Analytics, Logistics, and Sustainability.