Circ closes new $25 million funding round

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Textile recycling pioneer’s latest funding round was led by Taranis, with backing from existing investors Inditex and Avery Dennison

DANVILLE – Textile recycling pioneer Circ has closed a $25 million funding round led by sustainable investment company Taranis, with additional backing from existing investors, including Inditex and Avery Dennison.

The company says the new funding builds on its technical and commercial progress over the past 18 months and will help fuel the push to launch its first industrial scale factory.

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