The seed round was led by Pale Blue Dot to fund team expansion and product automation.
"It is clear that most of the innovations shaping the future – from vehicles and data centres to robotics – are fundamentally physical. And, to enable efficient innovation they should not be financed by venture equity alone."
The Westly Group led the Series B round, which will fund international expansion, particularly in North America.
"In times of growing supply chain uncertainty, Circulor’s technology helps provide visibility and ESG analytics into complex supply chains to help companies make better business decisions,"
The investment round was backed by Future Positive, Holly and Sam Branson, and Pentland Group among others.
"When I met Kyle and Tom, the founders of Oxwash, I knew immediately they were the type of purposeful leaders I love to work with; their passion, drive and enthusiasm for sustainable laundry was infectious. Through the Collective Impact programme I get to meet the most inspiring founders and am constantly blown away by their innovative, creative and commercial approach to sustainable business. Oxwash will turn the traditional laundry sector on its head, proving yet again that purposeful business is great business."
The financing round was led by The Westly Group to support international expansion and ongoing platform innovation.
"We are on a mission to make the world's most complex industrial supply chains more transparent, and help prevent the exploitation of people and our planet. Traceability-as-a-Service is fast becoming a requirement for the world's leading brands and this funding will help us accelerate our impact and revenue growth."