Apparel Supply Chain Compliance Platform Retraced Raises €15M
Retraced is a Germany-based online platform that enables apparel brands to digitize, trace, and analyze sustainability compliance and risks in their supply chains.
Apparel supply chain compliance and sustainability platform Retraced has raised €15M in Series A funding. As the EU Supply Chain Directive (CSD) came into effect in July, this sector will grow as brands need to better communicate with customers due to the European Digital Product Passport (DPP). Brands that operate in Europe have another important regulatory requirement related to the sourcing and compliance of their apparel.
ESG Today: Apparel Supply Chain Sustainability Platform Retraced Raises €15 Million