TrusTrace raises 250 MSEK

(Stockholm, digital solutions for transparent and traceable supply chains in the fashion industry): Has raised 250 MSEK in a funding round from Circularity Capital, Fairpoint Capital and Industrifonden with member Peter Wolpert. Early investors include BackingMinds with founding member Susanne Najafi. “We are very close to profitability and could turn to profitability in about six months if we decide to do so. But now we have decided to focus and invest very intensively in our product and new markets in the coming year,” comments Shameek Ghosh.