Circ, the US-based innovator in textile-to-textile recycling, has secured $25 million in its latest investment round, spearheaded by Taranis through its Carbon Ventures fund. With continued backing from strategic investors such as Inditex and Avery Dennison, this funding marks a significant step in scaling Circ’s groundbreaking recycling technology, reinforcing its mission to turn fashion waste into a sustainable, circular solution.
As the only company with proven technology to recycle polycotton blends and recover both polyester and cotton fractions for textile reuse, Circ has already partnered with major brands like Zara, Mara Hoffman, United Arrows, and Christian Siriano. This latest investment not only provides capital but also brings Taranis' industrial expertise to the table, ensuring Circ's technology reaches commercial-scale implementation.
“With this new phase scaling textile recycling to an industrial level we need world-class engineering, operations, and mission-aligned investment,” said Peter Majeranowski, CEO of Circ. “Taranis’ expertise in complex, high-volume industrial processes is the perfect match for our innovation, accelerating the transition to a circular fashion economy.”
Taranis, a leader in sustainable industrial investments, recognizes Circ’s model as a transformative step in reducing environmental impact across global supply chains. Beyond funding, Taranis will provide technical validation to fast-track Circ’s journey from demonstration-scale to full industrial production.
“Circ has developed a breakthrough solution for circularity in fashion, and we are committed to helping scale it to the next level,” said Emmanuel Colombel, CEO of Taranis.
With continuous support from fashion giants Inditex and Avery Dennison, Circ is well-positioned to redefine industry standards, bringing the vision of a truly circular fashion economy closer to reality.
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