Blockchain Startup Circularise Closes €11 Million Funding Round

Nov 17,2022
KingData News: VNetherlands-based Circularise, a software platform that provides end-to-end traceability and secure data exchange for industrial supply chains, announced on Thursday that it has raised €11M in a Series A round of funding. Circularise says it will use the funds to advance its mission to bring a circular economy to industrial supply chains. Investors: This investment was led by Brightlands Venture Partners and joined by Asahi Kasei, Neste, and existing investor 4impact capital. The round was also supplemented with grants from the European Commission. Project Info: Founded in 2016 by Mesbah Sabur and Jordi de Vos at the Delft University of Technology (TU Delft), Circularise is a software platform that provides end-to-end traceability and secure data exchange for industrial supply chains. The company helps plastic manufacturers, brands, and OEMs to trace raw materials from the source into parts and, ultimately, to end products.
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