SHARE

Circ closes $25m funding round

The textile-to-textile recycler has gained new backing from private equity fund, Taranis, and Zara-owner, Inditex. The money will go towards detailed engineering work to fine-tune plans for a commercial-scale plant as well as expanding the commercial team.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.