IonKraft GmbH, a German startup specializing in sustainable plasma-based barrier coatings, secured €3.5 million in equity financing to scale production and launch its innovative technology into the packaging market.

Information on the Target

Aachen-based startup IonKraft GmbH has successfully completed its first equity financing round, securing €3.5 million. Co-founded by Dr. Montgomery Jaritz and Benedikt Heuer in 2021, IonKraft is a spin-off of RWTH Aachen University and specializes in the development of innovative plasma-based barrier coatings. These coatings serve as a sustainable alternative to non-recyclable barrier solutions, paving the way for a fully circular economy within the packaging industry.

The financing from this round, co-led by M Ventures and TechVision Fund, along with participation from High-Tech-Gründerfonds, will be allocated to scaling production and market entry. IonKraft's patented technology allows for the creation of fully recyclable packaging materials while maintaining a barrier effect comparable to traditional glass, thereby addressing significant environmental challenges in packaging materials.

Industry Overview in Germany

The packaging industry in Germany is currently undergoing a transformation fueled by the increasing emphasis on sustainability and circular economy practices. The demand for eco-friendly packaging solutions has risen dramatically, as consumers and regulatory