Paris / Montreal / Luxembourg / Freital – Weitnauer advised global growth-stage venture capital fund Circular Innovation Fund and venture capital impact fund European Circular Bioeconomy Fund on a €12 million Series B Financing Round of watttron, a leading company specializing in innovative digital #heating systems for the packaging industry, with a strong emphasis on sustainability. watttron raised €12 million from a consortium of Circular Innovation Fund and European Circular Bioeconomy Fund acting as lead investors as well as existing investors TGFS Technologiegründerfonds Sachsen, Constantia New Business GmbH (CNB), SKion GmbH, and business angel Mr. Rico Kleinhempel.

watttron, headquartered in Freital, Germany, is dedicated to driving positive change and reducing environmental impact in the packaging industry. Their groundbreaking solutions, including cera2seal and cera2heat, aim to revolutionize thermoforming and sealing applications, enabling the processing of sustainable materials without compromising productivity or quality while reducing energy consumption.

This investment will empower watttron to elevate its technological prowess in sustainable packaging and embark on a journey to expand into the American and Asian markets and develop its technological capabilities of sustainable packaging solutions.

The Weitnauer Team was led by Munich-based corporate partner Dr. Wolfgang Weitnauer, M.C.L. along with associate Marius Tauchmann. The team also included corporate/tax partner Benedikt Mahr and associate Christian Deutscher.