What is Circular?
Circular operates a sophisticated digital platform designed to streamline the procurement of sustainable materials, with a primary focus on the recycled plastics market. The company addresses the inherent fragmentation in commodity markets by providing a centralized marketplace that integrates AI-driven data visualization and automated request-for-quote (RFQ) processes. By digitizing these workflows, Circular enables brands to optimize their sourcing portfolios, mitigate supply chain risks, and enhance overall procurement efficiency. The platform serves as a critical infrastructure layer for companies aiming to meet ambitious sustainability targets while maintaining cost-effective and reliable supply chains.
How much funding has Circular raised?
Circular has raised a total of $10.5M across 1 funding round:
Other Financing Round
$10.5M
Other Financing Round (2024): $10.5M with participation from Eclipse Foundation
Key Investors in Circular
Eclipse Foundation
The Eclipse Foundation is a global nonprofit organization that supports community-driven open source innovation, fostering shared standards and scalable technology solutions across cloud, AI, and IoT ecosystems.
What's next for Circular?
With this major strategic investment, Circular is well-positioned to scale its operations and deepen its market penetration within the global sustainable commodity ecosystem. The company is expected to prioritize the expansion of its AI-driven analytics capabilities, further increasing liquidity and transparency for both buyers and suppliers. As enterprise demand for circular economy solutions continues to accelerate, Circular's focus will likely shift toward enhancing its quality assurance frameworks and broadening its material categories. This capital injection provides the necessary runway to solidify its market position as a leader in digital material sourcing, ultimately driving greater efficiency and sustainability across industrial supply chains.
See full Circular company page
