ZigZag Global secures multi-million pound growth funding from Circularity Capital
Circularity Capital led a multi-million pound growth round in ZigZag Global to accelerate international expansion.
ZigZag Global provides a software solution that helps retailers manage product returns, consolidation, and resale. The platform aims to reduce costs, waste, and parcel journeys associated with retail returns.
ZigZag Global has secured a multi-million pound growth funding round led by Circularity Capital, with participation from Silicon Valley investor Plug And Play Ventures. The fresh capital will be deployed to accelerate the international rollout of the company software solution to bluechip retailers and further develop its product offering.
The investment aligns with Circularity Capital strategy of supporting European SMEs in the circular economy. As part of the transaction, Ian Nolan from Circularity Capital has joined the ZigZag board to support management with international expansion plans.
From the founder
"Circularity Capital’s investment will play a key role in fueling our market growth. In addition to allowing us to reach more customers, the funding will allow us to further develop our product offering to deliver even more value for retailers. We placed significant emphasis on bringing on board an investor who brings more than just capital to the table – Circularity Capital’s specialist network and insight in the circular economy was a great fit for us in this regard"
Al Gerrie
CEO at ZigZag Global
Investor perspective
"ZigZag has developed a powerful solution for retailers to addressing the growing challenge posed by e-commerce returns. Our investment in ZigZag is highly aligned with Circularity’s focus on using the circular economy to identify opportunities to drive financial value creation in parallel with positive environmental and societal impact."
Ian Nolan
Partner, Circularity Capital
Use of funds
- 01Expand into international markets
- 02Continue product development
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About the company
ZigZag Global
ZigZag Global provides software for retailers to manage product returns and resale.