Fundz

Revolutionising The Sustainable Packaging Industry, Estonian Startup Raiku Picks Up €1.1M Funding

PRIVATEJun 26, 2023

Amount Raised

€1.1 Million

Round Type

Seed

TallinnManufacturing

Investors

Cleantech EstoniaEnterprise EstoniaLittle Green FundVestmanKaamos

Quick answer

RAIKU raised €1.1 Million in a Seed round, dated June 26, 2023. Investors: Cleantech Estonia, Enterprise Estonia, Little Green Fund, Vestman and Kaamos. RAIKU is based in Tallinn, Harju Maakond, Estonia.

How much did RAIKU raise?
RAIKU raised €1.1 Million in a Seed round on June 26, 2023.
Who invested in RAIKU?
Cleantech Estonia, Enterprise Estonia, Little Green Fund, Vestman and Kaamos are named as investors in this round.
What does RAIKU do?
Our invented RAIKU is a 100% natural, beautiful and compostable alternative to plastic bubble wrap and packaging filling.
Where is RAIKU based and how big is it?
RAIKU is based in Tallinn, Harju Maakond, Estonia.
Who are the decision-makers at RAIKU?
Fundz holds 1 contact at RAIKU. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Manufacturing around the same time

Companies in the same sectors as RAIKU that raised within 45 days of this round, from Fundz verified event records.

  • Sewts raised $7.7M (Series A) on August 10, 2023.
  • Boston Micro Fabrication raised $24M (Series D) on August 10, 2023.
  • SAEKI raised $2.3M (Seed) on August 10, 2023.
  • Sword Performance raised $1M (Seed) on August 9, 2023.
  • Jefferson Enterprise raised $3.5M (Seed) on August 9, 2023.
  • WaveAerospace raised $4.2M (Seed) on August 9, 2023.

Who to call at RAIKU, and when

A new round usually means RAIKU is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day RAIKU raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at RAIKU, from your own LinkedIn network

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Company Information

Company

RAIKU

Location

Tallinn, Harju Maakond, Estonia

About

Our invented RAIKU is a 100% natural, beautiful and compostable alternative to plastic bubble wrap and packaging filling.

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Fundz sees it the moment RAIKU raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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