IonKraft funding news – Aachen-based IonKraft has Secured € 3.5Million in Equity Funding

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IonKraft, a spin-off from RWTH Aachen University, creates plasma-based coatings that can replace non-recyclable packaging barriers. In 2023, it received support from the European EIC Accelerator program, allowing it to develop an industrial machine for coating. The first system is set to be deployed for customers by the end of the year.

Benedikt Heuer, Co-Founder of IonKraft said, "This financing round is a decisive step to support the market launch of our technology and to prepare for future scaling. We are thrilled to have a diverse group of investors who share our vision and will provide us with support on multiple levels,"

Nils Lang, Investment Manager at HTGF, commented: “We are excited to support IonKraft in their market roll-out and expansion. Their solution addresses strong market demand and aligns with the current momentum of change. With an excellent team and an outstanding track record, we are confident they are well-prepared for any challenges that may lie ahead.”

With the new funds, it plans to expand its team and increase production capacity.

Owen Lozman, Managing Director of M Ventures, shared: “IonKraft’s innovative coating is appealing for a variety of reasons: it provides an alternative to PFAS, which is being regulated, glass, which is prone to breakage or requires secondary packaging, and has the potential to maximize recycled content in future plastic packaging solutions.”

About IonKraft

IonKraft, a spin-off from the Institute for Plastics Processing (IKV) at RWTH Aachen University in Germany, is backed by the European Innovation Council's EIC Accelerator program. Their mission is to make all plastic packaging recyclable and free from PFAS (harmful chemicals) using plasma coating technology.