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 financing round was led by Tiger Global Management with participation from a group of prominent institutional investors.
"The Genesis platform is already trusted by leading institutions from Citi, who is also a strategic investor from previous funding rounds, and ING to Alliance Bernstein and B3 to speed innovation and accelerate delivery of purpose-built financial markets applications,"
The Series A round was co-led by Index Ventures and Insight Partners to broaden the company data coverage.
"The market is one of the world’s most powerful tools against climate change. But we need reliable data to determine the quality of carbon offsets, in order to incentivize people to invest in the projects that are actually doing good – and to reward the project developers doing good work."