NC6 Aligned with Global Shifts, page-3

https://www.innovationintextiles.com/circ-closes-oversubscribed-new-funding-round/

Danville, Virginia-headquartered textile-to-textile recycler Circ has closed its latest $25 million investment round led by London-headquartered Taranis through its Carbon Ventures fund, with continued support from existing strategic investors, including Avery Dennison and Inditex.

“Circ has developed and demonstrated a breakthrough solution for circularity in fashion and we believe our industrial expertise can help take it to the next level,” says Emmanuel Colombel, CEO of Taranis. “Our goal is to support scalable, pragmatic technologies that reduce waste and emissions and Circ’s vision aligns perfectly with that