Circularity Capital led a $24m investment in TrusTrace.

Circularity Capital, an investment company, led a $24m investment in TrusTrace, a global SaaS company, with participation from Industrifonden and Fairpoint Capital. “We see a growing number of global fashion brands looking to transition away from today’s linear ‘take-make-dispose’ model of production and consumption to one that is more sustainable and equitable. We believe this is only possible at scale with the right digital backbone to provide transparency and traceability across complex global supply chains. TrusTrace is a clear leader in this field, with an excellent team, solution and blue-chip client base - and a great fit with our strategy to back global leaders enabling the circular economy. We are excited to be supporting TrusTrace as it continues to expand worldwide,” Anders Brejner, Circularity Capital Investment Director.