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Textile-to-Textile Recycler Circ Raises $25 Million

The company has gained new backing from Taranis, an investment firm owned by oil company Perenco, and additional funds from investors including Zara-owner Inditex as it looks to bring its recycling capabilities to commercial scale.
Three petri dishes are shown holding fibres recycled by textile-to-textile recycling company Circ. Next to them is a T-shirt with one black half and one white half. The black half shows what the T-shirt looks like complete, while the white half depicts it deconstructed into component parts.
Textile-to-textile recycling company Circ has raised $25 million as it moves towards commercialising its technology. (Circ)

Textile-to-textile recycler Circ has raised $25 million from backers including investment firm Taranis and Zara-owner

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Further Reading

Fashion Recycling’s Second Act

The nascent textile-to-textile recycling industry is emerging from crisis with fresh momentum, as Swedish pioneer Renewcell is rescued out of administration and Sri Lankan manufacturing giant MAS pledges to buy thousands of metres of recycled polyester.

About the author
Sarah Kent
Sarah Kent

Sarah Kent is Chief Sustainability Correspondent at The Business of Fashion. She is based in London and drives BoF's coverage of critical environmental and labour issues.

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