14 million euros for packaging startup one.five in Series A round
Hamburg-based startup one.five, which develops AI-powered solutions for packaging product development, has raised 14 million euros in a Series A funding round. The fresh capital will be used to further expand one.five's AI platform and database, enabling companies to develop packaging products faster and with higher market success rates.
Climate protection is part of one.five's identity
Founded by Martin Weber, former CFO of vertical indoor farming unicorn Infarm, and Claire Hae-Min Gusko, previously Head of Business Strategy at Infarm, one.five aims to accelerate the transformation of the global packaging supply chain through AI-driven innovation. Through its proprietary platform, which uses AI for the development of packaging products, one.five significantly reduces time to market and enables packaging companies to bring innovative packaging solutions to market faster and more efficiently. Customers can use the ‘Product Market Fit Compass’ to evaluate their portfolios based on real requirements. The Hamburg-based company has set itself the goal of implementing its technological developments in line with the 1.5 °C climate target – hence the name one.five.
The current financing round is led by Dr. Hans Riegel Holding, one of the principal shareholders of the confectionary group HARIBO, with participation from 212 NexT, Symbia VC (family office), Btomorrow Ventures, KIMPA Impact (multi-family office), Zubi Capital and existing investors Speedinvest, Planet A, Green Generation Fund, Climentum Capital, Revent and WEPA Ventures.
