Asahi Kasei Europe GmbH, part of Japan-headed Asahi Kasei Corporation, a global developer of fiber products, chemicals, and electronics-related materials, has announced a decision to invest in Circularise B.V., a Dutch digital product passport, and mass balance bookkeeping software developer.
Founded in 2016, Circularise is a Dutch startup company aiming to accelerate the shift towards a circular economy through supply chain traceability and transparency.
Circularise has developed a highly reliable supply chain management system that achieves both data anonymity and transparency using blockchain technology.
By doing so, various information on raw materials, recycling history, biomass, recycled content, carbon footprint, third-party certification, etc can be traced through the supply chain while maintaining the confidentiality of each stakeholder’s information.
Ashai Kasei joins Brightlands Venture Partners, 4impact Capital, and Neste, which were announced investment partners in November 2022.
The Asahi Kasei Group expects to contribute to a carbon-neutral and sustainable world by joining the establishment of a digital platform ensuring reliability and transparency in the supply chain through its investment in Circularise, in accordance with its medium-term management plan focused on the theme “Be a Trailblazer.”
