360 Capital
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Italian startup Movopack raises £2 million to launch circular e-commerce packaging in UK via Royal Mail
Movopack, a company providing e-commerce platforms with circular and sustainable packaging, has raised a £2 million seed funding round led by early-stage investor 360 Capital, with participation from Greiner Innoventures and Techstars. The cash will go towards the firm’s official launch in the UK - its first expansion outside of Italy.
The aim is to allow consumers to easily return packaging through the Royal Mail postal system, providing access to any of its 115,000 postboxes across the country.
Italian deep tech startup Lithium Lasers raises €2 million to take UV lasers to the next frontier
Rovereto-based Lithium Lasers, an ultrashort pulse laser technology startup, announced it has raised €2 million from 360 Capital and Primo Space Fund. With the fresh capital Lithium Lasers will accelerate the process of industrialization and commercialization along with starting to work on a new line of UV Lasers set to be launched in the next few years.€1.5 million was committed by Primo Space Fund with the co-investment of 360 Capital, which reinforces its dedication towards innovation in the Deep Tech Industry.
Founded in 2019, Lithium Lasers has developed a USPL called FemtoFlash for material processing, biophotonics and non-linear optics applications in several industries (eg. aerospace, healthcare, automotive, consumer electronics, among others), particularly useful when dimensional accuracy and tighter tolerances are needed. Because of its ease of integrability, FemtoFlash is easier to install, lowering setup costs for clients.