Sustainable packaging co Cirkla raises $3-M from Matrix Partners, Stellaris, others

Cirkla, a Mumbai- and Chicago,USA-based sustainable packaging company, has raised USD 3 million in a pre-Seed funding round led by Matrix Partners India. The round also saw participation from Stellaris Venture Partners and angel investors. The funds will be used to scale operations, strengthen salesforce and invest in new technologies. Founded in 2023 Vaibhav Goel, Ankur Gupta, and Kapil Bhardwaj, Cirkla help brands achieve sustainability packaging goals through a three-step approach: portfolio assessment, design and prototyping and global fulfilment.