Xolution produces the XO resealable can end, a reclosable lid with an integrated plastic opening mechanism and tamper-proof seal for beverage cans sized 200ml to 1 litre. The system enables cans to be resealed and portioned for later consumption and is suitable for a wide variety of beverages. XO lids can be used in existing filling lines without major modifications or capital investment. The company was founded in 2003 and is led by CEO Marc von Rettberg. Xolution has partnered with suppliers including ALPLA, HEKUMA, and Z-MOLDS to design and roll out high volumes of lids. It plans to scale production capacity to over 1 billion can-ends annually.

Total raised

$49M

Funding rounds

1

Latest round

Equity

Latest activity

Jan 2016