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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

Amount Raised

€11.8 Million

Round Type

Convertible Note

VenetoManufacturingBiotechnologyWaterWater Purification

Investors

EIT RawMaterialsLumar S.R.L.Corbites360 CapitalEuropean 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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Predictive Intelligence
Strategic

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Circular Materials 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.