U.S.-based recycling innovator Circ has raised $25 million in an oversubscribed funding round led by Taranis through its Carbon Ventures fund. The round also saw continued backing from existing investors Inditex and Avery Dennison. The capital will support Circ’s efforts to commercialize its textile-to-textile recycling technology on an industrial scale.
Circ stands out as the only company that can recycle polycotton blends and recover both cotton and polyester for reuse in textiles. With successful collaborations with Zara, Mara Hoffman, United Arrows, and Christian Siriano, the company is well-positioned to lead fashion’s circular future.
The partnership with Taranis brings not only funding but also deep engineering and operational expertise, which will play a crucial role in launching Circ’s first large-scale recycling plant. Taranis, part of the Perenco Group, is known for its experience in managing complex industrial systems.
Peter Majeranowski, CEO of Circ, emphasized the importance of pairing innovation with world-class operational capability, stating that this strategic alliance accelerates the industry’s move toward sustainable fashion.
Taranis CEO Emmanuel Colombel highlighted Circ’s breakthrough in circular fashion and expressed commitment to scaling sustainable technologies that reduce global supply chain waste and emissions.
Backed by major industry players and now equipped with new industrial support, Circ is set to redefine fashion waste management and establish circularity as a standard practice.
