Impact Enterprise Funds leads funding round for Grounded Packaging (NBR)

Written By New Ground Capital

New Ground Capital’s Impact Enterprise Fund has invested in Auckland-based company Grounded Packaging.

Grounded supplies a range of sustainably sourced packaging, including mailer boxes and bags for e-commerce, as well as pouches and wrappers for food products. A number of Grounded products replace conventional unrecyclable oil-based films with bio-based, certified home compostable films. (You will need a NBR subscription to read this article).

New Ground Capital

New Ground is an investment manager specialising in investments that generate financial returns alongside social and environmental impact. NZ’s first specialist institutional build-to-rent provider, they have been developing and managing modern rental developments with security of tenure since 2014.

https://www.newground.co.nz/
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