Circunis has secured financing to create an online marketplace for trading surplus food and by-products. The Seedling Foundation, focusing on sustainability in the food sector, joins the Migros Pioneer Fund in supporting this initiative until 2026. With this, Circunis has fully funded the start-up phase, as stated in their press release.
The B2B online marketplace by Circunis aims to keep surplus foods within the processing cycle. Businesses can offer their excess products, reducing storage and disposal costs. They can also request goods to make their supply chains more sustainable. Circunis assists businesses in setting up on the platform and developing processes.
The project’s goal is self-sustainability after the funding period. Rather than seeking investors, Circunis relies on funding to prioritize efficiency over return on investment. This approach aims to align the project’s DNA with impactful and collaborative principles.
The Seedling Foundation, based in Switzerland, supports initiatives in climate protection within the agro-food sector. It funds projects related to sustainable food production, healthy diets, food waste management, circular economy, and climate awareness. With a focus on Swiss-based projects, the foundation emphasizes collaboration and impact-driven solutions.