A blockchain solution for tracing materials and sharing data Circularise has raised EUR1.5 million (USD1.77 million) from the EU Commission’s H2020’s SME Instrument Phase 2 to fund the sustained growth of the project for circularity in the plastic industry.
Circularise said that the support reflected the EU Commission’s readiness in investing in emerging technologies that can enable real growth in the circular economy space. It would spur Circularise’s work on making supply chains more transparent and sustainable, so that plastic waste can be countered.
On a related note, in spring this year, Circularise was selected into an acceleration program by the Alliance to End Plastic Waste.
