TrusTrace secures $24M for supply chain traceability
Product traceability and compliance company TrusTrace today announced a $24 million growth investment led by Circularity Capital, a specialist investor in businesses that enable the circular economy, with participation from existing investors Industrifonden and Fairpoint Capital. This brings the company’s funding to over €30 million.
Founded in 2016, TrusTrace offers a platform for supply chain traceability and compliance, enabling brands and suppliers worldwide to standardise how supply chain and material traceability data is captured, digitised and shared. Notable TrusTrace customers include adidas, Brooks Running, Tapestry and Asics.