SAN FRANCISCO – Circular solutions provider Archive has secured US$15 million in Series A funding, which will be used to scale the company’s technology platform and support key hires.
The US firm boasta an online plug-in which enables its brand partners to seamlessly tap into its ready-made resale infrastructure.
“We’re building a future where circular business models are standard for every brand and a serious revenue driver,” said Emily Gittins, co-gounder and CEO of Archive. “This new funding will allow us to more rapidly help the world’s most innovative brands launch circular models and shape the future of retail.”