Circ, a leading innovator in textile-to-textile recycling, has successfully closed a $25 million funding round, led by Taranis through its Carbon Ventures fund, with continued support from key investors, including Inditex and Avery Dennison. This milestone reinforces Circ’s progress in pioneering sustainable solutions and marks a major step toward scaling industrial textile recycling.
As the only company with the demonstrated ability to recycle polycotton blends, Circ has collaborated with major fashion brands such as Zara, Mara Hoffman, United Arrows, and Christian Siriano. The company’s innovative technology enables the recovery of both polyester and cotton fibers, driving the industry toward a fully circular economy.
With plans underway for the first large-scale blended textile recycling plant, this partnership with Taranis brings engineering and operational expertise critical to scaling up production. As part of the Perenco Group, Taranis specializes in large industrial project development, offering technical validation and expertise to fast-track Circ’s global expansion.
“Scaling textile recycling at an industrial level requires world-class engineering, operations, and strategic investments from mission-aligned partners. Taranis brings exactly that. Together, we are accelerating the shift to a circular fashion economy.”
– Peter Majeranowski, CEO of Circ
Taranis recognizes Circ’s breakthrough in sustainable fashion and is committed to driving waste and emissions reduction in global supply chains.
“Circ has developed an innovative and scalable circularity solution for fashion. Our industrial expertise will help take it to the next level, enabling the transition from pilot to large-scale production.”
– Emmanuel Colombel, CEO of Taranis
With continued backing from Inditex and Avery Dennison, Circ is one step closer to making circularity the new industry standard, transforming fashion waste into a sustainable resource for the future.
