New funding to drive textile traceability platform

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DÜSSELDORF – Traceability specialist Retraced, which works with fashion and textile brands to build transparency within their supply chains and enable the digital traceability of products, has raised €15 million in its latest funding round. 

The fresh investment will be used to accelerate the development of the German start-up’s platform with regard to human rights issues, such as the expansion of digital risk management and the implementation of risk prevention measures in the supply chain.

DÜSSELDORF – Traceability specialist Retraced, which works with fashion and textile brands to build transparency within their supply chains and enable the digital traceability of products, has raised €15 million in its latest funding round. 

The fresh investment will be used to accelerate the development of the German start-up’s platform with regard to human rights issues, such as the expansion of digital risk management and the implementation of risk prevention measures in the supply chain.

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