Sweden
TrusTrace, founded in 2016, is a Sweden-based company that has positioned itself as a leading player in the traceability space. Their platform primarily serves the fashion, footwear, and textile sectors, helping companies manage their supply chain risk, compliance, and impact.
With the slogan, From Data to Impact, TrusTrace underlines its commitment to building a future where value chains are traceable, circular, and fair. This is increasingly important as global brands seek solutions that allow them to verify and improve the sustainability of their supply chains.
Recently, TrusTrace secured a €22.00M Series B investment on 18 January 2024, with backing from notable investors such as Industrifonden, Circularity Capital, and Fairpoint Capital. This substantial funding round exemplifies strong investor confidence in their mission and the potential market impact of their platform.
