Spanish startup CoCircular has closed a €1.9M funding round led by Seven Seas Capital, with participation from Angels Capital, Hortensia Roig, Savana Global and Zubi Labs. The investment will enable the company to enter a new phase of growth and expand its model into sectors such as industry and retail, following the consolidation of its activity in construction.
CoCircular specialises in circular waste management, digitalisation and traceability. Its SaaS platform, 360º Advisor, centralises waste-related information and supports monitoring and decision-making across the value chain. The company combines this technology with technical expertise and specialised support to help organisations improve material recovery and reduce the amount of waste sent to landfill.
The new funding will be used to strengthen the company’s structure, expand its internal capabilities and develop 360º Advisor into an AI-powered model. The aim is to enhance the platform’s analytics and automation features and improve efficiency and regulatory compliance in waste management. As part of its strategic plan, CoCircular expects to double its workforce and increase its revenue eightfold.
According to figures released by the company, CoCircular has managed more than 6.3 million tonnes of waste and achieves a 91.45% recovery rate for its clients’ waste.