Circ Raises Over $30 Million, Expanding The Potential To Recycle Clothing And Eliminate Clothing Waste, With Investments From Apparel And Technology Industry Giants
Amount Raised
$30 Million
Round Type
Venture
DanvilleCommerce and ShoppingSoftwareCommerce And ShoppingClothing And ApparelDesignInvestors
Description
The circular fashion company Circ announced over $30 million in Series B funding backed by some of the largest international apparel companies and venture capital firms. The investment will help to drive new progress for Circ as they fulfill their mission of protecting the planet from the cost of clothing. The round was led by the Bill Gates-founded Breakthrough Energy Ventures (BEV) with additional investment from new partners, including one of the world's largest fashion retailers Inditex, global diversified manufacturer and leader in American textiles Milliken & Company, and international investment groups Lansdowne Partners and Temasek. Previous investors joining Circ's latest round of funding include 8090 Partners, Alante Capital, Card Sound Capital, Circulate Capital, Envisioning Partners, and Marubeni.
Quick answer
Circ raised $30 Million in a funding round, dated July 15, 2022. Investors: Bill Gates. Circ is based in Danville, Kentucky, United States.
- How much did Circ raise?
- Circ raised $30 Million in a funding round on July 15, 2022.
- Who invested in Circ?
- Bill Gates is named as investors in this round.
- What does Circ do?
- The circular fashion company Circ announced over $30 million in Series B funding backed by some of the largest international apparel companies and venture capital firms.
- Where is Circ based and how big is it?
- Circ is based in Danville, Kentucky, United States.
Source: Fundz verified event record.
Who else raised in Commerce and Shopping and Commerce And Shopping around the same time
Companies in the same sectors as Circ that raised within 45 days of this round, from Fundz verified event records.
- Omnibiz raised an undisclosed amount (Funding Round) on August 19, 2022.
- OpenSpace raised an undisclosed amount (Series D) on August 9, 2022.
- Qiibee raised $4.8M (Seed) on July 5, 2022.
- Maze raised $40M (Funding Round) on June 9, 2022.
- Purplle raised $33M (Funding Round) on June 9, 2022.
- Branch raised an undisclosed amount (Series C) on June 8, 2022.
Who to call at Circ, and when
A new round usually means Circ is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Circ raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Circ, from your own LinkedIn network
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Fundz sees it the moment Circ raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Circ raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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