Circularise Secures ‚¬11M In Funding From Brightlands Venture Partners, Asahi Kasei, Neste, 4Impact And Others

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Additionally, the company recently launched MassBalancer, its solution for mass balance bookkeeping, in order to support the shift from fossil feedstocks to sustainable alternatives in the plastic and chemicals industry. Over the last six years, with the support of the EIT Raw Materials, the European Commission, angel investors, and now VC’s, the company grew to 40 people, expanded to international markets such as Japan, joined the collaborative ecosystem Catena-X to strengthen a secure data exchange in the automotive industry and partnered with multinational companies including Asahi Kasei, Covestro, Domo Chemicals, Marubeni, Mitsubishi Chemicals, Neste, LyondellBasell, Philips Domestic Appliances, Porsche and Trinseo. With its blockchain-based digital product passports, Circularise enables customers to improve resource use, verify provenance, conduct carbon footprint and impact assessments across supply chains. It will not only accelerate our growth as a leading software provider for supply chain traceability, but also support the transition to a circular economy on a global scale.” Circularise was founded in 2016 by Mesbah Sabur and Jordi de Vos at the Delft University of Technology (TU Delft). Circularise provides novel solutions for this need, and we are excited to support them in speeding up the critical transition to circular solutions'' Lars Peter Lindfors, Neste’s Senior Vice President, Innovation "Through collaboration with Circularise, we, Asahi Kasei, expect to contribute to building a transparent supply chain as a supplier’s responsibility and shift to a circular economy by promoting utilisation of products made from biomass and recycled About Circularise Circularise is a digital product passports and mass balance bookkeeping software provider founded in The Netherlands in 2016.