Circ, a leading U.S.-based innovator in textile-to-textile recycling, has successfully closed an oversubscribed $25 million funding round, led by Taranis through its Carbon Ventures fund. This round also saw continued support from existing strategic investors, including global fashion giant Inditex and materials science leader Avery Dennison. The investment will accelerate Circ’s efforts to scale its breakthrough recycling technology and drive the fashion industry toward a circular economy.
Strategic Partnership with Taranis to Fast-Track Circular Fashion Solutions
Circ has gained recognition for its pioneering ability to recycle polycotton blends, recovering both polyester and cotton fractions for reuse in new textiles. The company has already demonstrated its technology through collaborations with major fashion brands such as Zara, Mara Hoffman, United Arrows, and Christian Siriano.
With plans to launch its first industrial-scale blended textile recycling plant, Circ’s partnership with Taranis brings more than just capital. Taranis, owned by the Perenco Group, will provide expertise in engineering and operating large-scale industrial projects, helping to commercialize Circ’s technology globally.
“This chapter of Circ’s journey—scaling textile recycling to an industrial level—requires world-class engineering, operations, and strategic investment from mission-aligned partners,” said Circ CEO Peter Majeranowski. “Taranis brings exactly that. Their industrial expertise, paired with our innovation, positions Circ to accelerate the transition to a circular fashion economy.”
Taranis specializes in sustainable industrial solutions and sees Circ’s model as a key step in reducing environmental impact across global supply chains. In addition to financial backing, Taranis will offer direct technical validation of Circ’s processes, expediting the shift from demonstration-scale to full-scale production.
“Circ has developed and demonstrated a breakthrough solution for circularity in fashion, and we believe our industrial expertise can help take it to the next level,” said Emmanuel Colombel, CEO of Taranis. “We support scalable technologies that reduce waste and emissions, and Circ aligns perfectly with this mission.”
With continued backing from Inditex and Avery Dennison, Circ is well-positioned to lead the industry’s shift toward sustainable, closed-loop textile production. This latest investment marks a significant milestone in making circularity the standard in fashion.
