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Circular Economy Company Recurate Secures $3.25 Million in Funding and Helps Brands Cash In On the $5 Trillion Circular Fashion Movement With New Ecommerce Tool


Recurate enables brands and ecommerce stores to host integrated peer-to-peer marketplaces, allowing the brand s customers to resell items previously purchased from the brand. Without Recurate, brands products are typically resold on third-party marketplaces, leaving the brand with no relationship with customers who are reselling their items, no opportunity to drive loyalty, and little information about these sales.
We re investing in Recurate because their team recognized a tremendous opportunity for brands to bring used goods sales back to their own online properties, says Zach Bratun-Glennon, Partner at Gradient Ventures. With Recurate s platform, brands bring best-in-class ecommerce experiences to resellers and customers of used goods, as well as generate greater community and loyalty for the brand. We expect the growth in the demand for ecommerce, circular commerce, and sustainable purchasing options to continue. ....

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As concerns rise over forest carbon offsets, Pachama's verified offset marketplace gets $15 million – TechCrunch

Restoring and preserving the world’s forests has long been considered one of the easiest, lowest-cost and simplest ways to reduce the amount of greenhouse gases in the atmosphere. It’s by far the most popular method for corporations looking to take an easy first step on the long road to decarbonizing or offsetting their industrial operations. […] ....

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Discount grocery startup Misfits Market raises $200M – TechCrunch


Discount grocery startup Misfits Market raises $200M
Misfits Market, a startup known for selling “ugly” fruits and vegetables at discount prices, announced this morning that it has raised $200 million in Series C funding.
The company says this brings its total funding to $301.5 million and moves its valuation into unicorn territory (i.e., above $1 billion). It isn’t getting any more specific about that valuation, though Bloomberg reports that it’s $1.1 billion.
Founder and CEO Abhi Ramesh told me that the Delanco, New Jersey-based startup has expanded beyond produce into a variety of grocery categories. At the same time, he said all of its products remain united by a focus on “a single word, which is value.” ....

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