Textile recycling needs to scale — Circ raises $30 million to do just that | Greenbiz
Summary
We look forward to contributing our knowledge and corporate capabilities to Circs rapid success and achievement of industrial scale. Itll also help the company add to its staff count Circ currently employs about 30 people and expects that number to climb to nearly 50.Circ is also "beefing up" its engineering muscles because it wants to build bigger and better facilities. But one partnership that is public is one that started in 2021 with Andritz, a Graz, Austria-headquartered technology group providing plants, systems, equipment and services for various industries. "We were looking for some partners that had testing facilities where we could try machines that would operate at a larger scale than what we were doing previously," Majeranowski said, noting that Andritz felt like a good fit for such a collaboration. "So really, circularity is the golden bullet, that solution that the industry needs in order to be much more sustainable while still being able to democratize fashion for their customers."