Emissions tracking firm receives substantial funding

Circulor has secured US$14m (£9.88m) in funding to support further growth.

Circular helps companies such as Volvo and Polestar measure and track CO2 emissions within supply chains.

It will use the investment to drive ongoing innovation and extend its presence in North America and Asia.

Douglas Johnson-Poensgen, CEO of Circulor, said: “We are on a mission to make the world’s most complex industrial supply chains more transparent, and help prevent the exploitation of people and our planet. Traceability-as-a-service is fast becoming a requirement for the world’s leading brands and this funding will help us accelerate our impact and revenue growth.”

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