We are delighted to announce that we have just completed a second round of funding for the Interpac team!
Interpac has developed a packaging production system for corrugated cardboard which does not use steam in the manufacturing process. The Interpac “cold” corrugator is radically different, and is the first of its kind, using a dry process, eliminating the need for steam altogether. By not using steam it uses 80% less energy, reduces manufacturing costs by 30% and allows decentralised production.
We are delighted to have worked with the Interpac team again to secure them another round of investment as well as a first-class group of investors, that have added real value to the business. It’s always a pleasure to work with founders who have developed exciting technology as well as being able to make such a huge environmental impact.
Interpac Charles Smith, Founder said, “angelgroups is professional and well organised; without fuss they get you in front of the right people to grow your business. But the stand-out benefit of angelgroups is the quality and knowledge of their investors. Interpac has taken on board an angelgroups’ NED, and formed an advisory committee made up entirely of angelgroups investors, purely due to their enthusiasm and depth of knowledge. If like us you thought you wanted “silent” investors, then you may be missing a trick. They are a sharp bunch who are in a different league to most syndicates. Highly recommended.”
We wish the Interpac team every success in what looks to be a promising future!