Amcor Corporate Venturing and Open Innovation

What Amcor Corporate Venturing and Open Innovation does

Amcor plc (NYSE: AMCR; ASX) is a publicly traded global packaging manufacturer headquartered in Geneva and managed from Zurich, Switzerland, with a corporate domicile in Jersey. The company produces responsible packaging for consumer goods and healthcare product companies, operating 400+ manufacturing and distribution sites across more than 40 countries with a workforce of 75,000+ employees. Following the April 2025 all-stock combination with Berry Global, Amcor is sized at approximately US$23 billion in annualized sales, having previously scaled through the 2019 US$6.8 billion merger with Bemis and earlier tuck-in acquisitions of Aperio Group, MDK, and Sonoco Specialty Containers. The product portfolio spans rigid plastics, flexible packaging, specialty cartons, closures/capsules, and healthcare sterile-barrier systems, sold under sub-brands including Amprima (recycle-ready flexible packaging), Amfiber (paper-based packaging with granted European patent), Amfiniti (recycled-content platform), Liquiflex, Stelvin, and Parafilm.

The commercial model is a B2B direct enterprise field-sales motion: dedicated account teams negotiate multi-year contracts with consumer goods and healthcare customers, with pricing quoted per project based on specifications, volume, and customization rather than published tiers. Customers include Nestlé, Mondelez/Cadbury, Kraft Heinz, Unilever, GSK, Reckitt, ALDI, Decathlon, Ocado, Stonyfield, Burts Crisps, Garcon Wines, and Voslauer across verticals that include food, beverages, healthcare, personal care, pet care, home care, building & construction, food service, agriculture, technical applications, and specialty cartons. Innovation is delivered through three platforms: in-house Catalyst Innovation Centers in EMEA and LATAM, a proprietary technology stack including Liquiform, Moda, CleanStream, and SureForm Pro-Forming Films, and the open-innovation / corporate-venturing program Amcor Lift-off (LIFT-OFF), which provides seed and Series A funding plus mentorship to packaging startups such as Nfinite Nanotech and Bloom Biorenewables, and has partnered with Mass Challenge Switzerland, Michigan State University, Pragmatic Semiconductor, Power Roll, Kelpi, Metsä, Kolon, and SK Geo Centric.

The corporate venturing and open innovation function is therefore the externally-facing R&D arm of a much larger industrial platform: it deploys modest venture cheques to source disruptive packaging IP — bio-based materials, fiber-barrier coatings, solar PV films, flexible ICs — while leveraging Amcor's 400-site manufacturing footprint to commercialize winners. Recent corporate activity has centered on integrating Berry Global, expanding healthcare packaging capacity (Puerto Rico cleanroom certification, ISO 13485 at Winterbourne), and executing a steady cadence of sustainability-led product launches (PP Revolution dip cups, flip top closures for sauce, Apex jars) in response to tightening global packaging regulations. Amcor is led by CEO Peter Konieczny and holds leading ESG credentials including MSCI AA, DJSI packaging leadership, EcoVadis Gold, and FTSE4Good inclusion.

Name

Amcor Corporate Venturing and Open Innovation

Legal name

Amcor plc

Website

https://amcor.com

Company type

Public

Founded year

1860

Operating status

Operating

Headcount range

1–10 employees

Short description

Amcor plc is a global packaging manufacturer producing rigid, flexible, paper-based, and specialty carton packaging solutions for consumer goods and healthcare companies across 40+ countries, with US$23 billion annualized sales post-Berry Global merger.

Ownership category

akta.pro rank

Product category

Consumer Packaging

akta.pro primary industry

Corporate Innovation & Technology Scouting Units (with investment mandate) (FSANAHAI)

akta.pro secondary industries

Corporate Venture Studios & Incubators (Build/launch ventures) (FSANAHAC), Corporate Deep Tech / R&D Commercialization CVC (FSANAHAL)

Keywords

• Consumer packaging solutions
• Flexible and rigid packaging
• Corporate venture capital
• Open innovation accelerator
• Sustainable packaging materials

Headquarters

HQ city

Zürich

HQ country

Switzerland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Packaging Manufacturing and Sales: Amcor generates revenue through the manufacture and sale of rigid and flexible packaging solutions to consumer goods and healthcare companies globally. The company operates on a project/contract basis with enterprise customers, providing tailored packaging solutions across diverse market segments including food, beverage, healthcare, personal care, and specialty cartons.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Amcor Corporate Venturing and Open Innovation is the external innovation arm of Amcor, a global packaging company. It runs Amcor Ventures, a corporate venture fund, and LIFT-OFF, an accelerator program, to invest in and collaborate with startups developing sustainable materials, recycling technologies, and next-generation packaging solutions. The division partners with these startups to pilot, validate, and scale breakthrough technologies that complement Amcor's core flexible, rigid, specialty carton, and healthcare packaging portfolio sold to consumer goods and healthcare brand owners worldwide.

Product overview

Amcor is a global leader in producing responsible packaging for consumer and healthcare products. The company operates as a diversified packaging manufacturer offering rigid plastics, flexible packaging, specialty cartons, and closures/capsules across multiple market segments including food, beverages, healthcare, personal care, and pet care. The portfolio includes branded product lines such as Apex™ jars, PP Revolution dip cups, and flip top closures, complemented by broad market segment offerings. With operations in over 40 countries and more than 400 locations, Amcor provides industry-leading innovation capabilities, global scale, and technical expertise to help customers grow and meet consumer needs.

Differentiator

Problem solved

Functional benefit

Brands

• LIFT-OFF: Amcor's open innovation and startup investment program that provides seed funding and support for packaging technology startups.
• Amcor Ventures
• Amcor Catalyst
• Amcor360
• Amcor Cares
• Amfiber
• Amprima
• Amfiniti
• Liquiflex
• Stelvin
• Parafilm

Products and services

• Apex Jars Rigid plastic jars sold to consumer brand owners for food and personal care applications.
• PP Revolution Dip Cups
• Flip Top Closures
• Amcor Ventures Corporate venture capital fund that invests in early- and growth-stage startups developing sustainable packaging, recycling, and material science innovations relevant to Amcor's business.
• LIFT-OFF Accelerator Open innovation accelerator program that partners with packaging and materials startups to pilot and commercialize breakthrough sustainable packaging technologies with Amcor.

Quantifiable outcome

• US$23 billion in annualized sales demonstrating scale of operations and market leadership
• +2 more outcomes

Named customers13 records

Segments12 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature10 records

Partnerships

17 partnerships are on record, tiered minor and core.

• KelpiminorStrategic or Co-development Partner · 29 June 2025Partnership for next-generation barrier materials for fiber-based packaging, developing advanced barrier coatings that enable fiber-based packaging to replace traditional plastic packaging in food applications.
• CofigeominorStrategic or Co-development Partner · 24 June 2025Partnership to create multi-compartment trays combining Amcor's packaging expertise with Cofigeo's capabilities for innovative food packaging solutions.
• MetsäcoreStrategic or Co-development Partner · 12 May 2025Partnership to develop molded fiber-based food packaging solutions, combining Metsä's fiber expertise with Amcor's packaging innovation capabilities to create sustainable molded fiber packaging alternatives.
• KoloncoreStrategic or Co-development Partner · 29 November 2024Partnership for sustainable polyester packaging materials development, combining Kolon's material science expertise with Amcor's packaging manufacturing capabilities to develop more sustainable polyester-based packaging solutions.
• Berry GlobalcoreStrategic or Co-development Partner · 19 November 2024Amcor and Berry Global combined in an all-stock transaction creating a global leader in packaging solutions. The combination brings together Amcor's flexible packaging and healthcare capabilities with Berry's complementary rigid packaging and consumer product solutions, creating a company with US$23 billion in combined annualized sales.
• Power RollcoreTechnology or Integration · 18 November 2024Strategic partnership to deliver revolutionary solar photovoltaic film technology for packaging applications. Power Roll's innovative solar film technology combined with Amcor's manufacturing scale and packaging expertise to develop new sustainable energy solutions for packaging.
• Ellen MacArthur FoundationcoreStrategic or Co-development Partner · 18 November 2024Progress report partnership with the Ellen MacArthur Foundation driving circular economy in packaging. Amcor participates in New Plastics Economy initiatives and reports progress on circular economy commitments.
• Michigan State University (MSU)minorStrategic or Co-development Partner · 17 October 2024Partnership with Michigan State University packaging program supporting next-generation packaging innovators through Amcor Lift-off initiative, fostering innovation and talent development.
• McKinsey & CompanyminorImplementation/ SI/ Consulting Partner · 31 January 2024Collaboration with McKinsey on sustainability insights, circular economy research, and industry trend analysis. McKinsey podcast appearances featuring Amcor executives on packaging sustainability topics.
• SK Geo CentriccoreStrategic or Co-development Partner · 26 October 2023Partnership for the supply of recycled content to support Amcor's sustainability goals and circular economy objectives. SK Geo Centric provides recycled materials to Amcor for use in packaging production.
• Licella / MondelezcoreStrategic or Co-development Partner · 10 August 2023Tri-party partnership to promote circular economy solutions through advanced recycling. Licella's Cat-HTR technology enables conversion of difficult-to-recycle plastics into circular materials for use in new packaging by Mondelez brands.
• Delterra / Mars / P&GcoreStrategic or Co-development Partner · 23 May 2023Multi-stakeholder partnership to advance plastic waste circular economy solutions in Latin America. Delterra works with Amcor, Mars, and P&G to develop and scale waste management and recycling infrastructure in Argentina and Colombia.
• Mass Challenge SwitzerlandminorStrategic or Co-development Partner · 6 April 2022Innovation partnership with Mass Challenge Switzerland to identify and support innovative packaging startups through mentorship, resources, and potential investment via Amcor Lift-off program.
• Alliance to End Plastic WastecoreStrategic or Co-development Partner · 9 March 2021Founding membership in the Alliance to End Plastic Waste, a cross-industry initiative working to develop solutions to reduce and manage plastic waste in the environment, particularly in ocean environments.
• Consumer Goods Companies CoalitioncoreStrategic or Co-development Partner · 10 February 2021Coalition of major consumer goods companies working with Amcor on sustainable packaging initiatives, including development of recyclable and recycled content packaging solutions across multiple brands.
• US Plastics PactcoreStrategic or Co-development Partner · 26 August 2020Participation in US Plastics Pact to advance circular economy for plastic packaging in the United States, working with other industry leaders to meet sustainability targets.
• World Wildlife Fund (WWF)coreStrategic or Co-development Partner · 8 June 2020Membership in WWF-led Resource Plastic initiative working to prevent plastic waste from entering the ocean through improved packaging design, waste management, and recycling infrastructure.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Sealed Air Corporation: Global B2B packaging manufacturer focused on protective and food packaging (Cryovac, SEE) with comparable customer base across food processors and healthcare. Directly comparable product portfolio in flexible films and rigid containers with similar sustainability transition dynamics.
• Sonoco Products Company: Diversified global packaging manufacturer serving consumer, industrial, and healthcare end markets with rigid paper containers, flexibles, and protective packaging. Overlapping customer base in CPG and food, similar business model with enterprise contract pricing.
• AptarGroup, Inc. Global leader in dispensing systems, closures, and active material science for beauty, personal care, food/beverage, and healthcare. Direct overlap in healthcare packaging and closure product categories that compete with Amcor's Stelvin, flip-top closures, and pharma offerings.
• Ball Corporation: Major rigid packaging manufacturer for beverage cans, food cans, and aerosol containers with global manufacturing scale. Comparable in serving large CPG customers under multi-year contracts and navigating the same aluminum/PET sustainability and lightweighting trends.
• Crown Holdings, Inc. Global metal packaging manufacturer (beverage cans, food cans, aerosol containers, specialty packaging) with comparable scale, similar CPG/beverage customer base, and parallel sustainability transformation challenges around recyclability and light-weighting.
• Silgan Holdings Inc. Closures, containers, and dispensing packaging manufacturer serving food, beverage, personal care, and healthcare customers. Direct competition in metal food cans, plastic containers, and dispensing closures with comparable margin profile and customer overlap.
• Smurfit Westrock plc: Global paper-based packaging leader formed by Smurfit Kappa and WestRock combination — comparable scale ($30B+ revenue), serving CPG customers with corrugated, containerboard, and consumer packaging. Directly competes in paper-based alternatives to Amcor's flexible packaging portfolio.
• Graphic Packaging Holding Company: Paperboard packaging manufacturer focused on folding cartons, food service, and beverage packaging — particularly strong in sustainable fiber-based alternatives. Direct overlap with Amcor's specialty cartons and emerging paper-based packaging strategy.
• Pactiv Evergreen Inc. Food and beverage packaging manufacturer with leadership in foodservice, fresh foods, and beverage cartons. Overlaps with Amcor in food packaging, food service disposables, and carton categories, with similar sustainability transition dynamics around recycle-ready and renewable materials.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/amcor

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments8 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Amcor Corporate Venturing and Open Innovation