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Circular Materials secures €11.8 million in SAFE financing to recover critical raw materials from industrial wastewater. The round includes investors like CDP Venture Capital and EIT RawMaterials.

PRIVATEJul 21, 2026•about 1 month ago

Amount Raised

€11.8 Million

Round Type

Convertible Note

VenetoManufacturingBiotechnologyWaterWater Purification

Investors

Lumar S.R.L.Corbites360 CapitalEit Raw MaterialsEuropean Innovation Council FundCdp Venture Capital

Description

Circular Materials, based in Cadoneghe, has secured €11.8 million to enhance its infrastructure for recovering raw materials from industrial wastewater. The funding comes from a group of European institutional and strategic investors including CDP Venture Capital and EIT RawMaterials. This investment aims to bolster industrial competitiveness and promote circular supply chains. The company utilizes innovative technology to recover over 99% of dissolved metals from wastewater.

Company Information

Company

Circular Materials

Location

Veneto, Italy

About

Circular Materials is a Cadoneghe-based scale-up focused on recovering critical and strategic raw materials from industrial wastewater. Founded in 2019, it has developed a process that treats industrial wastewater containing dissolved metals to recover valuable secondary raw materials. The company uses patented Supercritical Water Precipitation (SWaP) technology to recover over 99% of dissolved metals while minimizing hazardous sludge. Circular Materials aims to address the challenges of resource recovery and the loss of strategic metals in European industries.

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