Circulor wins DIGITALEUROPE’S Future Unicorn Award

unicorn

We look at Circulor, a supply chain traceability company and the recent winner of DIGITALEUROPE’S Future Unicorn Award.

Circulor has been selected from thousands of companies across Europe as the winner of this year’s DIGITALEUROPE Future Unicorn Award. The award was announced on February 3rd by Mariya Gabriel, European Commissioner for Innovation, Research, Culture, Education, and Youth, at DIGITALEUROPE’s annual flagship conference, Masters of Digital. All of the event and awards replays from this will be made available to watch for those that were not able to attend during the live awards ceremony.

Circulor is the leading provider of supply chain traceability, with a focus on sustainability and the goal of assisting companies to get to net-zero. They concentrate on methods such as responsibly sourcing materials and switching to electric vehicles and then tracking these along with the emissions rates. Circulor’s portfolio of clients includes nickel and cobalt producers such as BHP and FMG, service providers such as SGS, and automotive manufacturers including Volvo Cars, Daimler, Jaguar Land Rover, and Polestar.

Founded in 2017, Circulor has publicly raised over £20mn led by The Westly Group, a notable early-stage investor in Tesla. They were joined in the venture by a number of the company’s clients, including Volvo Cars, Jaguar Land Rover, TotalEnergies, BHP, and Boeing. Through its hard work with these clients, Circulor has proven itself to be the most mature, proven, and complete technology solution for full visibility into complex industrial supply chains.

Businesses can now track the physical flow of critical materials from extraction to final production, as well as associated ESG characteristics. This includes embedded carbon across Scope 1 and 2 emissions, to create a dynamic picture of inherited emissions. Helping businesses realistically make cuts in emissions and hit the global net-zero 2050 target.

Douglas Johnson-Poensgen, Founder and CEO of Circulor states “Tackling inherited carbon emissions in complex industrial supply chains is essential to a successful energy transition. Our digital solution enables our customers and growing networks to come together and gain the insights they need to affect real change on the path to net-zero.”

This is the sixth year the Future Unicorn Award has been presented, celebrating scale-ups with the most potential to become Europe’s next tech giant. The national technology trade association, affiliated with DIGITALEUROPE, inspects and evaluates the work of thousands of tech companies and nominates only the most promising scale-ups.


Left to Right: Mariya Gabriel, European Commissioner for Innovation, Research, Culture, Education and Youth; Circulor Founder and CEO Douglas Johnson-Poensgen; Cecilia Bonefeld-Dahl Director-General of DIGITALEUROPE.

Circulor was recommended for this award by TechUK, after 17 nominees across 14 European countries were all considered to win the award, Circulor was announced as the winner. Winning this reflects its growth as a company and its ability to deliver for its global customers. Cecilia Bonefeld-Dahl, Director-General of DIGITALEUROPE commented on this, saying “Circulor is a brilliant example of how European innovators expand within and beyond European borders,” she continues “Digital technologies have the potential to help other industries save 20% of global CO₂ emissions. The digital solutions provided by Circulor enable industrial supply chains to become sustainable and reveal CO₂ emissions to customers and the public. Digital action is climate action.”

Read More:

Johnson-Poensgen responded to the company’s victory in winning this award, saying a “Thank you to EU Commissioner Gabriel and DIGITALEUROPE for this honor and recognizing Circulor as a future unicorn of Europe.” This is not the first time Circulor has recently been recognized for its work, with mentions in prominent lists such as Global Cleantech 100, ProcureTech100 by Kearney, and Future 5 by Spend Matters. If as a business you are looking to manage your supply chain sustainability, we recommend you take a look at Circulor.

Click here to discover more of our podcasts

For more news from Top Business Tech, don’t forget to subscribe to our daily bulletin!

Follow us on LinkedIn and Twitter

Erin Laurenson

Multimedia Content Producer for TBTech

Birmingham Unveils the UK’s Best Emerging HealthTech Advances

Kosta Mavroulakis • 03rd April 2025

The National HealthTech Series hosted its latest event in Birmingham this month, showcasing innovative startups driving advanced health technology, including AI-assisted diagnostics, wearable devices and revolutionary educational tools for healthcare professionals. Health stakeholders drawn from the NHS, universities, industry and front-line patient care met with new and emerging businesses to define the future trajectory of...

Why DEIB is Imperative to Tech’s Future

Hadas Almog from AppsFlyer • 17th March 2025

We’ve been seeing Diversity, Equity, Inclusion, and Belonging (DEIB) initiatives being cut time and time again throughout the tech industry. DEIB dedicated roles have been eliminated, employee resource groups have lost funding, and initiatives once considered crucial have been deprioritised in favour of “more immediate business needs.” The justification for these cuts is often the...

The need to eradicate platform dependence

Sue Azari • 10th March 2025

The advertising industry is undergoing a seismic shift. Connected TV (CTV), Retail Media Networks (RMNs), and omnichannel strategies are rapidly redefining how brands engage with consumers. As digital privacy regulations evolve and platform dynamics shift, advertisers must recognise a fundamental truth. You cannot build a sustainable business on borrowed ground. The recent uncertainty surrounding TikTok...

The need to clean data for effective insight

David Sheldrake • 05th March 2025

There is more data today than ever before. In fact, the total amount of data created, captured, copied, and consumed globally has now reached an incredible 149 zettabytes. The growth of the big mountain is not expected to slow down, either, with it expected to reach almost 400 zettabytes within the next three years. Whilst...

What can be done to democratize VDI?

Dennis Damen • 05th March 2025

Virtual Desktop Infrastructure (VDI) offers businesses enhanced security, scalability, and compliance, yet it remains a niche technology. One of the biggest barriers to widespread adoption is a severe talent gap. Many IT professionals lack hands-on VDI experience, as their careers begin with physical machines and increasingly shift toward cloud-based services. This shortage has created a...

Tech and Business Outlook: US Confident, European Sentiment Mixed

Viva Technology • 11th February 2025

The VivaTech Confidence Barometer, now in its second edition, reveals strong confidence among tech executives regarding the impact of emerging technologies on business competitiveness, particularly AI, which is expected to have the most significant impact in the near future. Surveying tech leaders from Europe and North America, 81% recognize their companies as competitive internationally, with...