Fresh funding for textile recycling platform

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NEW YORK – Logistics specialist SuperCircle, which partners with a number of high profile fashion brands on textile recycling initiatives, has raised $7 million in a pre-series A financing round.

Co-led by Radicle Impact and Ulu Ventures, with additional investors including Earthshot Ventures, BBG Ventures, Lyra Ventures and Blueprint Ventures, the fresh investment will allow SuperCircle to focus on scaling up and meeting the growing industry demand for its textile recycling platform.

Pile of textile waste baled up.
Contaminants and non-textile waste in German collection containers have risen from 10.8% in 2018 to between 15 and 20% today.

NEW YORK – Logistics specialist SuperCircle, which partners with a number of high profile fashion brands on textile recycling initiatives, has raised $7 million in a pre-series A financing round.

Co-led by Radicle Impact and Ulu Ventures, with additional investors including Earthshot Ventures, BBG Ventures, Lyra Ventures and Blueprint Ventures, the fresh investment will allow SuperCircle to focus on scaling up and meeting the growing industry demand for its textile recycling platform.

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