Funding

Circuland funding news – London-based Circuland Secures €750k in Pre-Seed Funding

Oct 14, 2024 | By Startup Rise EU

Circuland funding news - London-based Circuland Secures €750k in Pre-Seed Funding

Circuland! The London-based startup just closed a successful €750k pre-seed funding round led by Apeiron Ventures, with participation from Astylab Ventures. These funds will fuel it's product development acceleration and team expansion, solidifying its position as a frontrunner in Digital Material Passports for the construction industry.

SUMMARY

  • Circuland! The London-based startup just closed a successful €750k pre-seed funding round led by Apeiron Ventures, with participation from Astylab Ventures.
  • Circuland! Founded in 2022, they are on a mission to revolutionize the AEC industry with their Circuland Platform.

Digital Material Passports play a crucial role in revolutionizing construction materials by enabling their reuse and value recovery, effectively turning buildings into Material Banks.

Circuland! They are advancing sustainable practices in the built environment, supporting resource efficiency and circularity in construction. Their efforts align perfectly with upcoming EU regulations like the Digital Product Passport (DPP) policy and key sustainability initiatives such as the EU Green Deal’s Circular Economy Action Plan and the EU Taxonomy Regulations.

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It's platform is making waves in the UK and Europe, collaborating with leading organizations and Fortune 500 companies. Together, they are driving the reduction of carbon emissions and waste in construction by championing material reuse. Kudos to Circuland for their impactful contributions towards a more sustainable future.

Anastasia Stella, CEO and Co-founder of Circuland said, "We are incredibly excited to have the support of Apeiron Ventures and Astylab Ventures, This funding will allow us to meet the growing demand for our solutions and drive innovation in the circular economy space within the construction industry." Angelo Mermiklis, CTO and Co-founder, added, “Having witnessed the transformative impact of accessible, transparent data in the Financial Sector, we are bringing this much-needed change to the built environment, turning buildings into true Material Banks."

Representing Apeiron Ventures, Partners Dimitris Kalavros Gousiou and Nikos Antoniou highlighted the transformative potential of Circuland’s technology within the construction industry. “The construction sector is responsible for 40% of global carbon emissions and accounts for 62% of all waste generated in the UK. Despite its vast scale, technological innovation has made little impact thus far. Circuland’s vision aligns seamlessly with our mission to support groundbreaking, sustainable technologies. We believe their digital product passports have the potential to become the benchmark for circular economy solutions in construction, while Circuland’s data warehouse will significantly enhance decision-making in both the construction and maintenance of buildings."

About Circuland

Circuland! Founded in 2022, they are on a mission to revolutionize the AEC industry with their Circuland Platform. They see cities as urban mines and materials as circular resources. Their platform is designed to facilitate materials' re-use, paving the way for a sustainable future.

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