Circ, an American-based textile recycler, has raised $25 million in Series B extension funding from European e-commerce group Zalando, material science brand Avery Dennison, and Korean sportswear manufacturer Youngone.
The fashion industry is among the highest emitting industries, and companies across the sector are seeking to address the issue in its textile supply chains to make progress towards net-zero.
Circ breaks down polymers used in textiles and separate the individual fibers that can be reused in new clothing. Those fibers are respun and used back in clothing production without creating new emissions.
Circ’s flexible technology platform can accept a broad spectrum of starting materials (cotton, polyester, polycotton) and be adjusted to achieve the product specifications of our customers at an affordable cost.
Circ technology is a leader in the field of apparel recycling, and can manufacture products from textile waste to replace virgin materials. The tunability and flexibility of the platform makes it uniquely suitable for the varied needs of the fashion industry, in which circular market solutions are in high demand.