Setterwalls has advised TrusTrace in connection with a financing of USD 24 million

Setterwalls has advised Swin Technologies AB (TrusTrace) in connection with a USD 24 million investment. The investment round was led by the British private equity firm Circularity Capital with the participation of existing investors Industrifonden and Fairpoint Capital.

TrusTrace is a global SaaS company with a market-leading sustainability platform for traceability and compliance throughout the supply chain in the fashion industry. The new investment will enable the company to further accelerate its global expansion ambitions by strengthening its presence in key markets, deepening product innovation and expanding collaborations.