Circulor, a London, UK-based leading sustainable supply chain traceability provider, announced that it raised $25 million (20 million GBP) in Series B funding.

The round was led by Westly Group, other investors include HG Ventures, Volvo Cars Technology Fund, Systemiq Capital, Jaguar Land Rover’s InMotion Ventures, Future Positive Capital, BHP Ventures, Salesforce Ventures, and 24Haymarket.

The new funds will be used to grow Circulor's global footprint, focusing on the North American market.

Company: Circulor Ltd

Raised: $25.0M

Round: Series B

Funding Month: June 2022

Lead Investors: Westly Group

Additional Investors: HG Ventures, Volvo Cars Technology Fund, SYSTEMIQ Capital, Jaguar Land Rover’s InMotion Ventures, Future Positive Capital, BHP Ventures, Salesforce Ventures, and 24Haymarket

Company Website: https://www.circulor.com/

Software Category: Supply Chain Traceability

About the Company: Circulor is the leading sustainable supply chain traceability provider, that helps customers to demonstrate responsible sourcing, monitor inherited emissions from the supply chain, and underpin their circular economy. Circulor enables businesses to fully analyze, track, and manage their supply chains to ensure responsible sourcing and improve sustainability. Circulor does this by providing an enterprise software platform, which creates a reliable chain of custody of materials and attaches GHG emissions and other ESG data directly to the flow of materials. Circulor’s mission is to make the world’s most complex supply chains more transparent to help prevent the exploitation of people and the planet. Circulor is headquartered in the UK, with a global footprint across Germany, the U.S., Singapore, and Australia.

Source: https://www.circulor.com/series-b-funding