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Company Info & Funding
Read all about LivingPackets, Finance & Funding...
What happened with “THE BAG”, your previous projet? Are you still working on it?
A lot of the unique features of THE BOX are a result of working on THE BAG. We discovered that for THE BAG to be a success we needed a very large network of Voyagers and we felt that putting that project on pause and focusing on THE BOX would be a faster better way to get the technology and the solutions into the market. We will resume our crowd-shipping system, when we have a significant amount of sendings to handle, so that every Voyager will have a shipment available nearby to carry.
When was LivingPackets founded and how many people work there?
LivingPackets SA was founded in 2016. Currently, the LivingPackets team is around 55 people. Our R&D center in Nantes has around 20 people in it. We also have offices in Paris, Pully, Berlin, Nuremberg and Amberg.
Are you a French or German company?
We see ourselves as a European company. We currently have offices and R&D locations in Switzerland, France and Germany and working on new subsidiaries in countries around the world.
What is the Business model of LivingPackets?
We call it Packaging-as-a-Service. We want to stop the use of waste packaging and invented the packaging of the future, where we do not charge for the packaging but for using our packaging services.
Where does your profit come?
We offer a variety of services that make sending and receiving parcels smart, easy and frustration-free. Our profits are derived from the sale of those services, which we call Packaging-as-a-Service. Because we use a unit of THE BOX at least 1,000 times, we can generate at least thousand times more revenue.
Why don't you have institutional investors?
The financing of the mass production would actually be solved very quickly that way. We have received many offers from investors who would immediately finance the first batch of THE BOX. But we don't want the rich to become even richer. Furthermore we want to share and enrich everyone who believes in us. Therefore we want to give you the opportunity to make a difference, and also profit with us. Because without you and your courage to change something for the better, our idea is nothing: the co