New funds bring Circ closer to scaling
11/03/2025
Circ has made much progress in the past 18 months, both on the production side and in setting up stronger ties within the fashion industry supply chain (notably with the launch of a Circ Fibre Club with Fashion for Good and Canopy). Its technology breaks down polycotton blends to extract PTA and MEG from the polyester content and cellulose pulp from the cotton.
“This chapter of Circ’s journey – scaling textile recycling to an industrial level – requires that we build on our proven technology with world-class engineering, operations and strategic investment from mission-aligned partners,” commented Peter Majeranowski, CEO of Circ, adding that “Taranis brings exactly that.”
Taranis, states the announcement, has expertise in developing and operating large industrial projects. Circ has plans to set up its first commercial-scale facility whose location will be announced this year, Inside Denim has learned.
Image courtesy of Circ
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