# Nold Circular

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nold-circular

- Industry: Internet
- Headquarters: Peterborough, UK
- Website: www.nold.app/
- Total disclosed funding: $1.1M
- Latest round: Seed (Oct 12, 2023)
- Investors on record: 5

## About

Based in Peterborough, UK, and co-founded by Boryana Uzunova and Ana Kremenlieva in 2022, Nold Circular Ltd. operates as a retail company that sells second-hand consumer products. In October 2023 the firm raised EUR 1 million in seed funding led by investor Tilia Impact Ventures, with participation from other investors Czech Founders VC, Depo Ventures sro., New Vision 3, and Sofia Angels Ventures.

The company operates as a provider of peer-to-peer platforms for the pre-loved fashion market. Nold Circular through its mobile application offers an online marketplace that streamlines the process of listing items with a scan, enabling commission-free sales, and offering shoppers an opportunity to buy with environmental consciousness. The 3 shopping categories offered by the company include Jacquemus Pre-Loved Hub for accessories like handbags, and sunglasses, as well as footwear, Pangaia Pre-Loved Hub for clothing and fashion-wears, and Moncler Pre-Loved Hub for woolen clothes, shoes, cardigans, tote bags, etc.

Nold Circular generates its revenue by offering a range of re-sale products through its online marketplace such as BY FAR Baby Amber patent leather shoulder bag from EUR 200 to 490, Miu Miu logo-patch ballerina shoes from EUR 356 to 721, Stella McCartney one-shoulder wide-leg jumpsuit from EUR 720 to 1430, etc.

The company plans to utilize the October 2023 funding to develop its fashion resale platform, prepare its brand-new product, and accelerate its growth in the targeted UK market. Additionally, Nord Circular also plans to launch its peer-to-peer mobile application in December 2023.

## Funding rounds

- Seed, Oct 12, 2023, $1.1M — New Vision 3, Depo Ventures, Tilia Impact Ventures, Sofia Angels Ventures, Czech Founders VC

## Investors

- New Vision 3 (https://capitalatlas.ai/funds/new-vision-3) — Seed
- Depo Ventures (https://capitalatlas.ai/funds/depo-ventures) — Seed
- Tilia Impact Ventures (https://capitalatlas.ai/funds/tilia-impact-ventures) — Seed
- Sofia Angels Ventures (https://capitalatlas.ai/funds/sofia-angels-ventures) — Seed
- Czech Founders VC (https://capitalatlas.ai/funds/czech-founders-vc) — Seed