How Much Did Vericool Raise?
Funding & Key Investors

Vericool has successfully secured a significant capital infusion, bringing its total funding to $24.3M. This latest major strategic investment of $150K underscores the company's pivotal role in the evolving sustainable packaging sector. By leveraging this financial backing, Vericool is positioned to accelerate its mission of replacing traditional, environmentally taxing materials with high-performance, eco-friendly alternatives that maintain rigorous temperature control standards for enterprise-level logistics.

The company's growth trajectory, marked by a series of strategic financing rounds, reflects a robust market demand for green supply chain solutions. From its initial private equity backing to recent debt and stock issuance, Vericool has demonstrated a consistent ability to attract institutional capital focused on long-term environmental impact and operational efficiency.

What is Vericool?

Vericool
ManufacturingPulp & PaperPlastic, Packaging & Containers

Vericool operates at the intersection of material science and logistics, specializing in the development of sustainable, high-performance packaging solutions. The company addresses the critical need for temperature-controlled shipping that does not rely on non-recyclable or harmful materials. By integrating innovative thermal insulation technologies, Vericool provides a scalable alternative for businesses aiming to reduce their carbon footprint while maintaining the integrity of sensitive goods during transit. Their market position is defined by a commitment to circular economy principles, effectively bridging the gap between industrial-grade performance and environmental stewardship.

How much funding has Vericool raised?

Vericool has raised a total of $24.3M across 3 funding rounds:

2017

Private Equity

$5M

2020

Stock Offering

$19.1M

Debt

$150K

Private Equity (2017): $5M with participation from BillerudKorsnas

Stock Issuance/Offering (2020): $19.1M led by ID8 Investments, The Ecosystem Integrity Fund, AiiM Partners, and Radicle Impact Partners

Debt (2020): $150K supported by PPP

Key Investors in Vericool

BillerudKorsnas

A Swedish-based leader in packaging materials and solutions, specializing in primary fiber-based products that support sustainable industrial practices.

The Ecosystem Integrity Fund

A venture capital firm focused on investing in companies that provide solutions to environmental challenges, emphasizing resource efficiency and sustainability.

Radicle Impact Partners

An impact venture fund dedicated to promoting environmental resilience and economic sustainability by backing early-stage companies capable of driving systemic change.

What's next for Vericool?

With the recent influx of capital, Vericool is poised to scale its manufacturing capabilities and expand its market reach across global supply chains. The strategic focus will likely shift toward optimizing production efficiencies and deepening its penetration into sectors that require stringent cold-chain compliance, such as pharmaceuticals and perishable food distribution. As the regulatory landscape increasingly favors sustainable packaging, Vericool is well-positioned to capitalize on the transition toward greener logistics, potentially exploring new material innovations that further enhance the lifecycle sustainability of their product portfolio. The company remains a key player to watch as it navigates the complexities of scaling sustainable infrastructure in a competitive global market.

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Frequently Asked Questions Regarding Vericool Financial Insights

What are the most recent funding rounds that Vericool has completed, and what were the funding rounds?
Vericool has recently completed 3 funding rounds: Debt on Apr 11, 2020, Stock Offering on Mar 31, 2020, Private Equity on Sep 4, 2017.
What is the total amount of funding Vericool has raised to date?
Vericool has raised a total of $24.3M in funding to date.
How many funding rounds has Vericool completed?
Vericool has completed 3 funding rounds.
How much funding did Vericool raise in its most recent funding round?
Vericool raised $150K in its most recent funding round.
Who are the lead investors in Vericool's latest funding round?
The lead investor in Vericool's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Vericool's history?
The largest funding round in Vericool's history was $19.1M.
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