Edinburgh, March 2023 – Reath Technology Ltd, a leader in software solutions for reusable packaging, proudly announces the completion of its seed funding round, raising a total of £535K ($680,416.76). This funding signifies a substantial leap in Reath’s quest to revolutionize the reusable packaging industry.

Global Confidence in a Sustainable Vision

The funding round was bolstered by significant contributions from Echo River Capital Fund, The Adjacent Possible Pte Ltd (Mana), and Elemental Excelerator, showcasing strong international trust in Reath’s innovative approach. The round also welcomed strategic angel investors, reflecting a diverse and committed investment base. Techstart, a key investor from the pre-seed round, led this seed funding round, further solidifying their ongoing commitment to Reath’s growth. This collective investment from the US, UK, and Singapore highlights Reath’s expanding global influence and potential.

Empowering the Reuse Journey with Advanced Technology

Closed in 2023, the seed fund will bolster Reath’s commitment to providing flexible traceability and powerful analytics in reusable packaging. Reath’s tools support every stage of the reuse journey, from getting started with insight tools for building a clear business and environmental case for reusables, to managing and reviewing the performance of packaging systems with advanced analytics. The company’s no-code traceability approach allows for easy digitization of reusable packaging fleets, catering to unique client needs.

Emily Rogers, Managing Director of Reath Technology Ltd stated:

“We are proud of the partners we have brought on board during this funding round, because they are dedicated to supporting us in our mission to eradicate single-use plastic waste. With this funding, we are building tools that will help businesses create sustainable packaging strategies to meet changing customer demands, legal requirements, and show the economic return that reusable packaging can generate. Our goal is to show businesses that environmental choices are also economic ones and this funding is a crucial step towards that goal.”

About Reath Technology Ltd

Reath Technology Ltd specializes in developing software for the reusable packaging sector. The company offers insight tools, end-to-end traceability, and analytics services, enabling businesses to effectively manage and optimize their reusable packaging systems. Reath is dedicated to creating solutions that are not only sustainable but also user-friendly and highly customizable to meet diverse needs.