December 22, 2024
Corporates

Circularise Secures Investment From Teijin Group To Drive Supply Chain Transparency

Circularise, a blockchain-based platform for supply chain transparency and traceability, has announced a strategic pre-Series B investment from Teijin Group. This collaboration positions Teijin as a key partner in advancing Circularise’s mission to enhance transparency and sustainability across global supply chains.

Following its successful Series A funding in 2022, this investment strengthens Circularise’s efforts to expand its solutions in high-performance materials and broader industrial markets while setting the stage for its upcoming Series B round.

“We are honoured to welcome Teijin Group as a strategic investor,” said Jordi de Vos, co-founder of Circularise. “Together, we aim to set a benchmark for the circular economy by delivering scalable, rapid solutions to market. This partnership reflects our shared vision for a transparent, traceable, and sustainable supply chain.”

Teijin Group, a global leader in high-performance materials, views this partnership as a vital step in its commitment to becoming more circular and achieving net-zero carbon emissions by 2050. “The investment in Circularise enables us to collaborate with leaders in traceability and take decisive steps toward a circular economy,” said Ton de Weijer, General Manager of the Environment Solution Division at Teijin.

Circularise’s blockchain-powered traceability solutions, including digital product passports, help businesses comply with stringent regulations like the EU’s Ecodesign for Sustainable Products Regulation (ESPR) and Corporate Sustainability Reporting Directive (CSRD).

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