# Circ: Textiles, Danville, United States

> Circ: Circ® is a textile-to-textile recycling innovator based in Danville, Virginia, founded in 2011. Based in Danville, United States. Founded 2011.

Source: https://millionrounds.com/startup/circ (Millionrounds; every figure on the page links to its filing or article)

United States · [Textiles startup](https://millionrounds.com/companies)

# Circ

Circ® is a textile-to-textile recycling innovator based in Danville, Virginia, founded in 2011.

Funding reported Last round: Series B

Textiles Danville, United States

Company summary

- **Founded:** 2011 15 years old
- **Team:** 68 51 to 200 people
- **Funding reported:** $77M in dollars
- **Last round:** Series B Mar 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Circ has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Circ

Circ® is a textile-to-textile recycling innovator based in Danville, Virginia, founded in 2011.

The company focuses on transforming discarded polycotton fabric into virgin-equivalent raw materials, promoting a circular fashion economy. Circ® employs a patented hydrothermal recycling process that effectively separates and recovers polyester and cellulose from polycotton blends, which have traditionally been difficult to recycle. Circ® is expanding globally with the construction of the world’s first industrial-scale facility dedicated to polycotton recycling in Saint-Avold, France. This $500 million plant is expected to process 70,000 metric tons of material annually and create 200 jobs. The company is recognized as a Certified B Corporation and has received accolades such as being a finalist for the Earthshot Prize in 2023 and being named a TIME Top GreenTech Company. Circ® partners with various fashion brands, including Zara and Patagonia, to recycle polycotton waste and provide regenerated fiber inputs for new textile production.

## What company datasets say Circ raised

Funding, as reported

Reported in all **$77M** in dollars

Rounds **8**

Last round **Series B**

Last round date **Mar 2023**

Investors listed **18**

## Founders and team

From Circ's own website and the SEC filings it signed: 12 on the team.

- **Peter Majeranowski** Chief Executive Officer
- **Conor W Hartman** President
- **Kaushik Vashee** Chief Operating Officer
- **Puneet Verma** Chief Financial Officer
- **Teresa Krug** Chief Product Officer
- **Arshiya Lal** VP, Business Development & Marketing
- **Kathleen Rademan** VP, Commercial Strategy
- **Sarah Kohout** VP, People
- **Guillaume Thomé** General Manager, Circ France
- **Christopher W Austin** General Counsel
- **Julie W Willoughby** Executive Officer i
- **Luke W Henning** Executive Officer i

On the board, as filed i *Edward W Scott* *Greg Curtis* *Libby W Wayman* *Yasutaka W Nishimune*

## On 8 portfolio pages

Investors who name them

- [SAGANA](https://millionrounds.com/fund/sagana)
- [DRIVE Catalyst](https://millionrounds.com/fund/drive-catalyst)
- [City Light Capital](https://millionrounds.com/fund/city-light-capital)
- [Touchdown Ventures](https://millionrounds.com/fund/touchdown-ventures)
- [Vodia Ventures](https://millionrounds.com/fund/vodia-ventures-2)
- [INNOVATION for IMPACT GmbH](https://millionrounds.com/fund/innovation-for-impact-gmbh)
- [Card Sound Capital](https://millionrounds.com/fund/card-sound-capital)
- [Jackson Sports Ventures](https://millionrounds.com/fund/jackson-sports-ventures)

Each firm lists Circ on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

polyester recycling social responsibility textile waste reuse textile industry innovation hydrothermal processing textile waste recycling industry partnerships transportation_logistics distribution manufacturing sustainable materials textile waste recycling industry investments installation of eco-friendly practices molecular recycling textile waste supply chain textile waste innovation waste management

Built with from their website

Microsoft PowerPoint Cloudflare DNS CloudFlare Viewport Meta LinkedIn Ads Microsoft Sharepoint Amazon AWS Apple Business Manager VueJS Sanity

+8 more

CloudFlare CDN Priority Hints BASE HSTS Apple Pay Microsoft 365 Monday sales CRM Proofpoint

- **Sector:** Textiles
- **Industry code:** NAICS 33999, 313110, SIC 2899
- **Region:** Virginia
- **Revenue:** $6.2M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/circ)

## Textiles in United States

Startups like it

- [**Solarcore** Portland · founded 2015](https://millionrounds.com/startup/solarcore)
- [**Vestex** Orlando · founded 2009](https://millionrounds.com/startup/vestex)
- [**Ambercycle** Los Angeles · founded 2015](https://millionrounds.com/startup/ambercycle)
- [**Davlyn Group** Spring City · founded 1980](https://millionrounds.com/startup/davlyn-group)
- [**OROS Labs** Portland · founded 2015](https://millionrounds.com/startup/oros-labs)
- [**Green Theme Technologies Inc.** Rio Rancho · founded 2018](https://millionrounds.com/startup/green-theme-technologies-inc)
- [**brrro** Atlanta · founded 2014](https://millionrounds.com/startup/brrr)
- [**Martex Fiber** Charlotte · founded 1970](https://millionrounds.com/startup/martex-fiber)

## Is this your company?

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