What is Vericool?
Vericool specializes in the development and manufacturing of high-performance, eco-friendly packaging solutions. By focusing on sustainable materials that provide superior temperature control, the company addresses the critical needs of businesses striving to minimize their environmental footprint. Their product suite is engineered to replace traditional, non-recyclable materials, offering a viable path toward circular economy integration in logistics and cold-chain management. Through its proprietary technology, Vericool enables enterprises to maintain product integrity while adhering to increasingly stringent global sustainability mandates.
How much funding has Vericool raised?
Vericool has raised a total of $24.3M across 3 funding rounds:
Private Equity
$5M
Stock Offering
$19.1M
Debt
$150K
Private Equity (2017): $5M with participation from BillerudKorsnas
Stock Issuance/Offering (2020): $19.1M led by The Ecosystem Integrity Fund, ID8 Investments, AiiM Partners, and Radicle Impact Partners
Debt (2020): $150K supported by PPP
Key Investors in Vericool
BillerudKorsnas
BillerudKorsnäs provides packaging materials and solutions as well as primary fibre based packaging materials. The company was founded in 2012 and is headquartered in Solna, Sweden.
Radicle Impact Partners
Radicle Impact is an impact venture fund dedicated to promoting social justice, environmental resilience, and economic sustainability through early-stage investments.
The Ecosystem Integrity Fund
An investment firm focused on supporting companies that provide solutions to environmental challenges and promote sustainable ecosystem management.
What's next for Vericool?
With this latest infusion of capital, Vericool is well-positioned to accelerate its research and development initiatives and expand its manufacturing capacity. The company is expected to focus on scaling its distribution networks to meet the rising demand from global enterprise clients seeking greener alternatives to conventional polystyrene packaging. By prioritizing operational efficiency and technological advancement, Vericool aims to capture a larger share of the sustainable packaging market, ultimately driving systemic change in how temperature-sensitive goods are transported worldwide. The strategic alignment with impact-focused investors further validates the company's long-term vision for environmental resilience and economic sustainability.
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