The global textile industry generates over 92 million tons of waste annually, making scalable recycling solutions more critical than ever. Circ, a pioneering textile-to-textile recycling company, has secured a $25 million funding round led by Taranis’ Carbon Ventures fund, with continued investment from Inditex and Avery Dennison. This funding milestone accelerates Circ’s efforts to develop large-scale industrial recycling solutions, setting a new standard for circular fashion.
Scaling Circular Textile Solutions
Circ has developed a proprietary textile recycling technology capable of breaking down polycotton blends, an innovation that has long eluded the industry. This breakthrough allows the company to recover both polyester and cotton fibers, enabling closed-loop recycling that transforms discarded textiles into high-quality raw materials for new garments.
By partnering with leading fashion brands, including Zara, Mara Hoffman, United Arrows, and Christian Siriano, Circ is advancing the shift toward circularity in fashion. Its ability to recover blended fabrics positions the company as a key enabler of textile circularity on an industrial scale.
Building the First Large-Scale Blended Textile Recycling Plant
With the latest funding, Circ is moving forward with plans to establish its first large-scale blended textile recycling plant, marking a critical step in scaling its innovative process. Taranis, as part of the Perenco Group, brings expertise in large industrial project development, ensuring that Circ’s expansion is both technically and operationally robust.
Taranis' industrial knowledge will help Circ transition from pilot projects to full-scale commercial production, accelerating the integration of circularity in global supply chains. This collaboration is expected to significantly reduce waste and emissions in the textile industry, making fashion recycling more efficient and accessible.
Industry Impact and Future Outlook
As sustainability regulations tighten and consumer demand for ethical fashion rises, textile-to-textile recycling is becoming an essential part of the industry's transformation. Circ's latest funding round and its partnerships with Inditex, Avery Dennison, and Taranis signal a wider industry shift toward sustainability.
The investment strengthens Circ’s position as a leader in sustainable textile innovation, bringing the industry closer to a circular economy where waste is repurposed into valuable resources. With the establishment of large-scale recycling infrastructure, Circ is paving the way for fashion brands to adopt closed-loop systems, ensuring that garments no longer end up in landfills but instead become part of a regenerative textile cycle.
Conclusion
With $25 million in new funding, Circ is scaling its revolutionary textile recycling technology, bridging the gap between innovation and large-scale implementation. By integrating advanced engineering and operational expertise, Circ and its partners are setting a new benchmark for circular fashion. As the company expands its recycling capacity, the future of the fashion industry is shifting toward a model where waste becomes a renewable resource, solidifying circularity as the new standard.