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Trace For Good raised €3.5M in seed funding led by Hi inov Dentressangle and Ankaa Ventures to expand its consumer goods activities in Europe.

PRIVATENov 12, 2024

Amount Raised

€3.5 Million

Round Type

Seed

ParisSoftwareSupply Chain ManagementLogisticsSaaS

Investors

Cs VenturesSeed4softHi Inov DentressangleAnkaa Ventures

Description

Trace For Good, based in Paris, has secured €3.5M in funding to enhance its traceability solutions for consumer goods supply chains. The funding round was supported by multiple investors, including historical backers. With this investment, the company aims to accelerate business growth and strengthen its technological leadership.

Who else raised in Supply Chain Management and Logistics around the same time

Companies in the same sectors as Trace For Good that raised within 45 days of this round, from Fundz verified event records.

  • HappyRobot raised $16M (Series A) on December 4, 2024.
  • BackOps.ai raised $2M (Pre-Seed) on October 16, 2024.
  • Overhaul raised $55M on December 23, 2024.
  • Traqo.io raised an undisclosed amount (Pre-Seed) on October 15, 2024.
  • Pallet raised $18M (Series A) on October 2, 2024.
  • Nuon raised $17M (Funding Round) on December 20, 2024.

Who to call at Trace For Good, and when

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  • An alert the day Trace For Good raises, hires an executive or expands, scored against what you sell
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  • Who you already know at Trace For Good, from your own LinkedIn network

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Company Information

Company

Trace For Good

Location

Paris, Ile-de-France, France

About

Trace For Good is a Paris-based company founded in 2022 that specializes in the traceability of consumer goods supply chains. It offers an easy-to-use SaaS platform that helps companies manage traceability and compliance data while reducing social and environmental impacts. The company currently focuses on the French textile market, providing solutions that assist brands in meeting regulatory requirements. Its platform features intelligent data flows that centralize and verify information from suppliers and external databases.

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Trace For Good raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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