Le Fourgon investment from XAnge, La Poste Ventures, Id4 & Teampact

The gem rehabilitating returnable beverage and returnable products throughout France announces a new round of financing.

Le Fourgon, the rising startup that is rehabilitating the use of returnable glass bottles and containers everywhere in France, announces a Series A of 10M euros from its main investors Id4 & Teampact as well as the La Poste Ventures fund - initiated by La Poste and managed by XAnge, and several business angels. 

Over the past two and a half years, Le Fourgon (“The Van”) has developed a wide range of local and returnable products delivered door-to-door every day in over 2,000 French cities. Since its creation, the company has helped to avoid +10M single-use bottles and containers, representing +300 tonnes of plastic. With just one click on the app or website, 40,000 customers divide their daily waste by three, thanks to containers that are washed and reused up to 40 times. 

Le Fourgon, which closed its first financing round of 4.5M in 2022 and raised 3M in crowdfunding earlier this year, will use this investment to expand its geographical coverage over the next months. The start-up will also continue to develop its private label of returnable ranges of beverages, food and household products. Finally, it aims to develop its B2B offering and recruit new staff to support its growth. 

The company plans to reuse 50 million containers within the next two years.