Greenstic Europe is a distributor and contract manufacturer of disposable, eco-friendly restaurant packaging, containers and cutlery. The company is based in Budapest, Hungary and occupies the premium segment of the disposable containers and cutlery market. After acquiring a competitor at the end of 2021, Greenstic became market leader in the premium segment. In 2022 the firm began international expansion by establishing a subsidiary in Romania and a franchise partnership in Slovakia under the Greenstic Europe brand identity. In June 2023 Hiventures invested approximately EUR 1.4M. Greenstic intends to use the funds to expand its manufacturing and logistics capacities and to broaden its product range and customer base in Hungary, Slovakia and Romania.

Total raised

$2M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2023