Mixed textiles recycling company Circ has secured another $30m (ca. €30m) in a series B funding round. The company had already established partnerships with companies such as the outdoor equipment brand Patagonia and the Fashion for Good initiative. With the most recent funding round, which was completed on 12 July, it added investors from the textiles and apparel industries, including Zara parent company Inditex, Milliken Textiles and Maurbeni America. Circ's new financial investors include Breakthrough Energy, a network of investment vehicles founded by Bill Gates, and asset manager Lansdowne Partners....
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