VIRGINIA – Circ, a US-based company focused on textile-to-textile recycling, has secured new investment from Taranis through its Carbon Ventures fund. The US$25m funding round also included continued support from existing strategic investors, such as Inditex, one of the world’s largest fashion retailers, and Avery Dennison, a global materials science and digital identification solutions company. The investment will support Circ’s ongoing efforts to scale its proprietary recycling technology, which aims to address textile waste in the fashion industry.
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