Circuly to raise €1.3 million from Neoteq Ventures and Venista Ventures

circuly, a Bielefeld, Germany-based software developer, announced that it raised financing of €1.3 million ($1.6M).

The money was raised from investors including Neoteq Ventures, Venista Ventures and the OWL technology fund.

circuly, founded in 2019 by Victoria Erdbrügger and Nick Huijs, developed a software tool that is designed to enable online retailers not only to sell their products, but also to rent them out.