A Irani VenturesCVC of the sustainable paper and packaging manufacturer from Rio Grande do Sul, had a somewhat low profile in 2025, without announcing new investments. However, to start 2026, the vehicle reopened its checkbook and announced a new contribution of R$1 million in São Paulo Growpackthe bio packaging.
As highlighted by the Growpack In a note, the new investment serves to strengthen the existing strategic link between the two companies, but also accelerates the cleantech strategy in the development of biomaterials and sustainable packaging.
“Having Irani as a strategic investor accelerates our ability to scale growPack’s technology in the market”, highlights Exequiel Berg, CEO and co-founder of Growpack.
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Specializing in sustainable packaging made from local agricultural waste such as corn straw, Growpack recorded remarkable growth since the company’s first investment Iranicarried out in 2024. With the investment, the company expanded its portfolio to the food service segment and validated new industrial applications with customers in sectors such as food and cosmetics.
“With the support of other strategic partners, such as Will publish Embalagens and partnerships such as iFoodwe multiplied our revenue by 4 in the last 12 months and now we are taking these advanced technologies to wider markets”, highlights the CEO of Growpackin a statement, without revealing revenue figures.
For the Irani Venturesthe new investment reinforces the manufacturer’s strategy of promoting innovative solutions that expand the use of sustainable packaging, adding value to the paper and packaging chain. “THE Growpack brings a proposal aligned with our purpose of innovating responsibly, combining technology, sustainability and new business models for the packaging market”, points out the director of People, Strategy and Management at IraniFabiano Alves de Oliveira.
The check signed to the Growpack is the first in the new phase announced by the CVC in 2024, when it decided to call the Valetec to start a new cycle in your venture capital strategy. At the time, the company announced exclusively to the Startups that the change would take the vehicle to a new level, with an eye on more robust businesses and bigger checks, in seed to series A rounds – but this new investment has not yet happened.
To date, the vehicle has four investments in its portfolio, all remaining from the investment period more focused on pre-seed: Thickenwaste management; the Growpackbiodegradable packaging; the Vertownwaste tracking; and Mushof new materials based on fungi.
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