Circulor
Circulor provides a digital product passport and supply chain traceability platform that verifies material origin and production data for critical minerals like cobalt, lithium, and nickel. The company's tiered Trust & Assurance framework lets enterprises apply risk-appropriate verification levels across supplier connections, turning regulatory requirements into auditable evidence standards. Circulor powered the world's first full-scale Battery Passport for Volvo Cars, demonstrating its capability to meet EU due diligence regulations.
- Artificial Intelligence
- Blockchain & Cryptocurrency
- Clean Technology
- Enterprise Software
- Logistics & Supply Chain
- Manufacturing / Industry 4.0
- Software Only
Funding
Raised to date
$45MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
$39M across 2 disclosed rounds
+18$25M · Series B
Announced Jun 2022
Disclosed cumulative: $39M
Reported total $45M
Incomplete round history. $6M of the $45M reported total isn’t matched to a known round (1 known round has an undisclosed amount).
Founders
Product
Problem
Enterprises face growing regulatory pressure to prove the origin and ethical sourcing of critical materials in their supply chains, yet most lack verifiable, auditable data to support compliance claims. Regulations like the EU Battery Passport mandate due diligence for cobalt, lithium, nickel, and natural graphite, but traditional supply chain data is fragmented, unverified, and fails to withstand scrutiny.
Solution
Circulor provides a digital product passport platform that combines supply chain traceability with a tiered Trust & Assurance framework, enabling companies to verify material origin and production claims from source to finished product. The platform allows organizations to conduct risk assessments, apply appropriate assurance levels for each supplier connection, and build defensible compliance records around what each participant can support. Circulor transforms regulatory requirements into standardized evidence protocols, letting companies monitor compliance across their supply chain in a single workflow. The system powers enterprise-grade battery passports that meet mandatory data requirements under Regulation (EU) 2023/1542, as demonstrated by the world's first full-scale Battery Passport for Volvo Cars.
Target Audience
Primary customers are automotive manufacturers, battery producers, and industrial enterprises that must demonstrate regulatory compliance and verified sourcing for critical minerals in their supply chains.
Features
- Tiered Trust & Assurance framework that matches verification depth to supplier risk levels
- Regulatory requirement mapping that converts compliance mandates into actionable evidence standards
- Single-step compliance monitoring across identified high-risk facilities and supplier networks
- Enterprise digital battery passport solution aligned with EU Regulation 2023/1542 mandatory data requirements
- Verified supply chain data tracking for critical materials including cobalt, lithium, nickel, and natural graphite
- Production-proven deployment supporting Volvo Cars' first full-scale Battery Passport for production vehicles