Voidless secures a €2.2 million post-seed funding round led by CDP Venture Capital and 360 Capital to enhance its innovative on-demand packaging solutions, addressing the issue of overpackaging in the logistics industry.

Information on the Target

Voidless, a deep-tech startup based in Assago, Italy, specializes in addressing the prevalent issue of overpackaging, a frustration encountered by many consumers when they receive oversize packages. Recently, the company announced the successful closure of a €2.2 million post-seed funding round, spearheaded by CDP Venture Capital through its Corporate Partners I fund focused on Industry Tech, along with the Italo-French venture capital firm 360 Capital. Both investors contributed equally, investing €1.1 million each.

This funding round follows Voidless’s previous pre-seed investment of €600,000 in July 2022 from 360 Capital, marking a significant milestone aimed at facilitating the company's market growth. With this capital infusion, Voidless aims to enhance its development of next-generation 'box-on-demand' machinery capable of creating precisely tailored boxes and packaging directly in warehouses, thereby effectively addressing the issue of overpackaging. Additionally, the investment will also support team consolidation at Voidless.

Industry Overview

The packaging and logistics industry is experiencing substantial growth, with over 170 billion packages shipped globally in 2023. Projections indicate an annual growth rate exceeding 10% for the e-comm