Manufacturing supply chain startup Keychain raises $30 million in round led by Wellington Management, BoxGroup

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New York-based Keychain—a platform that connects consumer packaged goods (CPG) companies with suppliers of packaging material and other raw materials—has raised $30 million in a funding round led by private equity (PE) firm Wellington Management and venture investor BoxGroup, the company’s founder, Umang Dua, told ET.

Existing investors, including Lightspeed, also participated in the round.

Launched in 2024, the startup works with CPG companies across the food and beverage, health supplements, and beauty and healthcare industries, with plans to…



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Manufacturing supply chain startup Keychain raises $30 million in round led by Wellington Management, BoxGroup



New York-based Keychain—a platform that connects consumer packaged goods (CPG) companies with suppliers of packaging material and other raw materials—has raised $30 million in a funding round led by private equity (PE) firm Wellington Management and venture investor BoxGroup, the company’s founder, Umang Dua, told ET.

Existing investors, including Lightspeed, also participated in the round.

Launched in 2024, the startup works with CPG companies across the food and beverage, health supplements, and beauty and healthcare industries, with plans to…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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