VC Fund Investments
Green packing platform Bambrew raises $2.35 M from Blue Ashva Capital, Supack Ind, others
Bengaluru-based Bambrew, a provider of sustainable packaging, has raised a pre-Series A round of USD 2.35 million led by Blue Ashva Capital and Supack Industries. The round also saw participation from Mumbai Angels and other angel investors. The company will use the funds to build a tech-enabled platform for sourcing green packaging, increase the supply capacity, expand in multiple cities, invest in R&D of new sustainable materials and further strengthen the team.
From the Venture Intelligence PE-VC Deal Database: In Oct-20, Bambrew raised $150-K from UpSparks, and others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
Want to receive such news items in your inbox? Click Here to sign up for a trial.
