KraftPal Technologies Raises US$123.9M in Equity Funding

KraftPal, a Maribor, Slovenia-based company which specializes in corrugated pallets, raised US$123.9M in Equity funding.

The round was led by Pasaca Capital.

The company intends to use the funds to scale up its production capacity in Europe and North America.

Led by Gregor Brajovic, CEO, KraftPal utilizes a high-speed automated system to manufacture durable, lightweight, and recyclable corrugated pallets to improve performance, cost, sustainability, and efficiency in the way companies transport and store goods.

The company boasts a sustainable corrugated cardboard pallet whose automated mass-production manufacturing process allows it quickly to deliver fully sanitized, customizable pallets at scale.

FinSMEs

11/02/2022