Boomerang funding news – Hamburg-based Boomerang Secures Nearly €3Million in a Fresh Round Funding

Marc Engelmann, founder and CEO of Boomerang, says, “With Companisto, we were finally able to meet the needs of the many interested parties from the small investor environment and involve them in our success story. We were also able to significantly expand our network with other investors and are now benefiting from a very strong group of investors.”

It intends to use the freshly generated funds to further its goal of more ecologically friendly shipping while increasing its efforts in product development, sales, and IT. By the end of the year, the firm also hopes to raise an extra €500K through authorized capital.

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Christian Putz, founder and COO of Boomerang, says, “Through our seed round, we received an important signal from the market: ‘Reusable packaging is relevant and an exciting business case’. We are now taking up this signal and will continue to expand Boomerang as the market leader in the reusable packaging sector!”

About Boomerang

Boomerang, which was founded in 2022 by Marc Engelmann and Christian Putz, provides environmentally friendly logistics solutions, including a fully reusable shipping packaging system. Boomerang allows packaging to be reused up to 50 times by using an intelligent deposit model and a return logistics system. By lowering CO2 emissions, this strategy lowers expenses, improves the sustainability image of online retailers, and advances the circular economy.