Fundraising Fox

Circ

Founded 2011 Β· 70 employees on LinkedIn Β· 16 known investors

Circ develops recycling technology that breaks down textile waste, including poly-cotton blends, to recover fibers for producing new materials such as pulp used by fiber manufacturers and apparel brands. The company partners with fiber producers and fashion brands to enable circular production of clothing.

Also known as Circ Β· circ.earth

Founders & leadership

PMPeter Majeranowski
Peter MajeranowskiinChief Executive Officer

Investors Β· 16

Also in the syndicate Β· 3

Avery DennisonInditexTaranis (Carbon Ventures fund)lead

Funding

SEC filings, press & company announcements

$25M disclosed across 1 round Β· 2025

  • $25M$25 million investment roundMar 2025 Β· 3 sources

    Taranis (lead), Taranis (Carbon Ventures fund) (lead), Avery Dennison, Inditex

    Source β†—
  • Undisclosed amountSeries B ExtensionMar 2023
    Source β†—

Source: company announcements and press reports β€” follow each round's link for the claim.

Company profile

researched Aug 2026

Circ is a textile-to-textile recycling company whose technology converts polycotton (poly-cotton blended) waste back into reusable raw materials, which are supplied to fiber manufacturers and apparel brands for use in new products. The company positions its recycled materials as a way for brands to make products across categories while reducing reliance on virgin resources.

Beyond the core recycling process, Circ describes its current activity as building the infrastructure, partnerships and systems needed for textile-to-textile recycling at commercial scale. Its stated focus is moving from demonstration-scale operation to industrial-scale production, with investors providing technical validation of its processes alongside capital.

Business model

Circ recovers raw materials from post-use textiles and sells the resulting recycled inputs (including pulp) to fiber manufacturers, which convert them into commercial fibers used by apparel brands. Partnerships with viscose and fiber producers and with retail brands form the distribution path for Circ-derived materials to end products.

Traction

Circ reported total capital raised to date of more than $100 million as of March 2025. Commercial milestones include a first denim collection with H&M using TENCEL | Circ fiber, a pulp adoption agreement with viscose filament producer Xinxiang Bailu Chemical Fiber, and a partnership agreement with Shenghong announced in August 2026 to expand access to recycled fibers.

Latest developments

In August 2026 Circ announced a partnership agreement with Shenghong intended to expand access to its recycled fibers. Earlier developments include a pulp adoption agreement with Xinxiang Bailu Chemical Fiber and a $25 million round closed in March 2025 led by Taranis via its Carbon Ventures fund, intended to fund the shift from demonstration scale to industrial-scale production.

β–ΈFull profile β€” market position, technology, go-to-market, geography, risks & controversies

Market position

Circ describes itself as a textile-to-textile recycling company and is characterized in press coverage as a specialist in that field; it reports strategic backing from industry participants including Inditex and Avery Dennison, and from climate investor Breakthrough Energy Ventures and Taranis.

Technology

Circ's process breaks down polycotton textile waste and recovers its constituents as reusable raw materials suitable for regenerated fiber production. Circ-derived pulp has been used in commercial fiber products, including TENCEL branded lyocell fiber marketed as TENCEL | Circ with REFIBRA technology.

Go-to-market

Circ works through the textile value chain rather than selling directly to consumers: it signs supply and adoption agreements with fiber manufacturers such as Shenghong and Xinxiang Bailu Chemical Fiber, and co-develops branded collections with apparel retailers, for example a denim collection launched with H&M.

Fiber and filament manufacturers (viscose and lyocell producers) and global apparel brands and retailers seeking recycled textile inputs.

Geography

Circ's disclosed fiber-manufacturing partners are based in China (Shenghong; Xinxiang Bailu Chemical Fiber Co., Ltd.), and its investor base includes Spain-headquartered retailer Inditex, indicating an international partner and customer network.

Risks & controversies

Circ's stated challenge is scaling a demonstrated recycling technology to industrial volumes, which its investors and CEO describe as requiring substantial engineering, operations and further strategic capital.

Compiled by commissioned research from 7 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Total capital raised to dateMar 2025$100M

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Competitors Β· 9

by search overlap
Garmentory18 shared keywordsGarmentory is an online marketplace that curates and sells fashion, home goods, and kids' items from vetted independent boutiques and emerging designers. The platform emphasizes quality, limited-run pieces, and sustainable consumption through its resale section called The Loop.
Rent the Runway18 shared keywordsRent the Runway is a fashion rental service that lets consumers rent designer clothing β€” including dresses, tops, trousers, maternity wear, and blazers β€” from brands such as Sea New York, Ulla Johnson, and BOSS. It also offers exclusive designer collaborations produced with labels like Jason Wu and Prabal Gurung.
Poshmark, Inc.17 shared keywordsPoshmark is a fashion resale marketplace that enables individuals to buy and sell secondhand clothing and accessories through a mobile-first platform. The company operates a community-driven commerce model focused on sustainable fashion across the U.S. and Canada.
Harpersbazaar17 shared keywordsHarper's Bazaar is a fashion and lifestyle publication covering celebrity news, style trends, beauty, and culture. It produces editorial features, interviews, and fashion photography for a general consumer audience.
Farfetch16 shared keywordsFarfetch is an online marketplace for luxury fashion, connecting customers with designer boutiques and independent retailers worldwide. The platform offers a curated selection of high-end clothing, shoes, bags, and accessories from established and emerging fashion brands.
The Real Real x-tech-robotics16 shared keywordsThe RealReal is an online marketplace for authenticated luxury consignment, allowing consumers to buy and sell pre-owned designer clothing, accessories, jewelry, watches, and home goods.
Moda Operandi15 shared keywordsModa Operandi is an online luxury fashion retailer offering hundreds of brands and designers across women's apparel, beauty, fine jewelry, and home. It ships to more than 125 countries worldwide.
Lyst15 shared keywordsLyst is an online fashion shopping platform that aggregates clothing and accessories, including designer brands such as Saint Laurent, for consumers to browse and buy.
Thecut14 shared keywordsThe Cut is an online publication covering fashion, beauty, style, culture, self, and women's interest topics through articles, reviews, and shopping guides. It publishes editorial content across sections including style, power, self, and culture.

Companies competing with Circ for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline Β· 4

launches, deals, and filings
Aug 2026
Partnership agreement with Shenghong expands access to recycled fibers

Circ announced a partnership agreement with Shenghong to expand access to its recycled fibers.

source β†—

Jan 2026
Pulp adoption agreement with Xinxiang Bailu Chemical Fiber Co., Ltd.

Circ expanded adoption of its pulp with Xinxiang Bailu Chemical Fiber Co., Ltd., a global producer of viscose filament, adding to its community of fiber manufacturing partners.

source β†—

Jan 2026
First denim collection launched with H&M

Circ launched its first denim collection with H&M, featuring the debut of TENCEL | Circ fiber with REFIBRA technology.

source β†—

Mar 2025
Circ closes $25 million round led by Taranis

Circ closed a $25 million investment round led by Taranis through its Carbon Ventures fund, with continued support from existing strategic investors including Inditex and Avery Dennison. Taranis also provides technical validation of Circ's processes to help move from demonstration scale to industrial-scale production.

$25M source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

β–ΈResearch sources Β· 7

primary sources listed
  • Circcirc.earth Β· web

7 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Circ do?
Circ is a textile-to-textile recycling company that turns polycotton waste back into raw materials for new fibers.
Who are Circ's investors?
Circ's investors include Alante Capital, Breakthrough Energy Ventures, Circulate Capital, Card Sound Capital, Envisioning Partners, Lansdowne Partners, Marubeni, Taranis and 5 more.
How much funding has Circ raised?
Circ has disclosed $25M raised across 1 round.