This was co-led by Catalyst Investors and Translink Capital, along with existing investors S2G Ventures, Toyota Ventures, F-Prime Capital, and the Cibus Capital LLP.
The global food packaging technology and equipment market size is anticipated to surge from $39,900 million in 2022 to reach $74,230 million by 2032, registering at 6.4% CAGR between 2023 and 2032.