CIF and ECBF led a €12m Series B round in watttron.

Circular Innovation Fund and European Circular Bioeconomy Fund, two VC funds, led a €12m Series B round in watttron, a heating technology start-up. “Watttron's technology marks a breakthrough progress in sustainable packaging. It helps to drastically reduce CO2 emissions by minimizing material and energy consumption and enabling the use of monomaterials. This significantly improves the recyclability. However, this investment goes beyond financial support; it is a clear commitment to pioneering a greener and more efficient future in the packaging industry. By simultaneously increasing production efficiency and cost efficiency, it paves the way for sustainable development and innovation,” Guillaume Gras, ECBF Investment Director.