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UK-based social fashion rental platform By Rotation bags €2.7 million to scale rapid growth

Taking on the retail market with a fresh perspective, By Rotation, has raised €2.7 million in seed funding. The funding for the UK-based platform was led by Redrice Ventures with additional investors including Closed Loop Partners, True Global, Magnus Rausing, Bill Holroyd CBE, DL, June Angelides MBE, Dinika Mahtani (Principal at Cherry VC) and Riccardo… …

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Helsinki-based Swappie lands €108 million to transform smartphone consumption

On a mission to make smartphone consumption circular, Swappie has just secured €108 million. The round was led by growth equity firm Verdane, specialising in tech-enabled, sustainable businesses, alongside existing investors Lifeline Ventures, Inventure, Reaktor Ventures and TESI.  Co-founded by Sami Marttinen (CEO) and Jiri Heinonen (CMO) in 2016, Swappie has the aim to provide… …

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New global trading platform for plastics

The Rebound Plastic Exchange platform launching this summer has been described as ‘an intervention that will transform the world’s plastic recycling industry’. Set up by the International Holding Company (IHC), it is a global marketplace for recycled plastic feedstock that aims to trigger growth in the circular economy, while reducing toxic plastic pollution. “We’ve developed …

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