4 years ago

Blockchain Startup Circulor Secures £10 Million to Revolutionize Supply Chain Traceability

  • London-based blockchain startup Circulor has raised £10 million in Series A funding to expand its supply chain traceability and CO2 tracking platform

  • The round was led by The Westly Group, with participation from Salesforce Ventures, BHP Ventures, and others

  • Circulor's platform helps businesses track materials from extraction to finished product, supporting responsible sourcing and emissions reduction

  • The company will use the funding to expand its presence in North America and Asia.

      • ProblemTechnology

      "Many industries lack transparency and accountability in their supply chains, making it difficult to ensure ethical sourcing, track carbon emissions, and enable effective recycling."

      Solution

      "Circulor provides a blockchain-based platform for supply chain traceability and CO2 tracking, enabling businesses to gain visibility into their supply chains, verify responsible sourcing, monitor emissions, and support circular economy initiatives."

      Covered on