Cloudprinter.com, which is based in Ukraine and the Netherlands, aims to revolutionise online print procurement through connected, local production. 

The €7m seed funding round was led by Netherlands-based entrepreneur network Capital Mills, alongside Brabantse Ontwikkelings Maatschappij (BOM) and a Dutch family investment office.

In early 2019 the business gained funding of €3m in a pre-seed round. 

René Delsing, investment manager at Capital Mills, said that against a backdrop of war in Ukraine the firm’s performance had been “truly impressive”.

“Given the tough circumstances Cloudprinter.com has to deal with, it is truly impressive what the team has achieved in the past months.

“The team morale and growth pace are exceptional. We couldn’t be more proud to be part of their journey to disrupt this industry and become a global leader.”

Cloudprinter.com currently employs 80 and is active in more than 100 countries. Its print network is made up of more than 170 print partners for local production, with cited benefits included lower shipping costs, reduced carbon footprint, and no need to deal with import duties. 

The firm said it aimed to expand its sales and product teams, “and sustain its 300% growth rate from 2021 to 2022”.

CEO and founder Martijn Eier commented: “We are delighted to accelerate our aim to make global printing more sustainable, together with our trustful investors and partners. 

“It’s a great confirmation, especially for our Ukrainian team, that our investors believe in our unique and disruptive approach”.

Former Vpress managing director Tim Cox joined the business just over a year ago as business development director.