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Friendlier Secures $5M to Accelerate Nationwide Expansion

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Friendlier, Relay Ventures, Garage Capital

Friendlier, a Canadian leader in the reusable packaging industry, is thrilled to announce a successful seed extension raise to further its mission of helping businesses transition from single-use to reusable packaging. The successful closure of a $5 million funding round was led by Relay Ventures and Garage Capital, with support from experienced founders and operators.

Founded in 2019 by two chemical engineers, Friendlier offers returnable, multiple-use plastic containers at the same cost as single-use containers. Similar to a deposit fee on pop cans, customers pay a deposit which is returned when containers are returned. The containers are then sanitized and recirculated for use.

Read more at Globe Newswire