On March 2nd, US circular fashion startup Circ completed a $25 million Series B funding round.
Participants in this round of investment included European fashion e-commerce giant Zalando, material technology company Aveny Dennison, Korean sportswear and outdoor clothing manufacturer Youngone, and existing investors such as Singaporean investment firm Circulate Capital.
Founded in 2011 and headquartered in Danville, Virginia, the former textile manufacturing center of the United States, Circ uses patented technology to recycle fashion waste into new textiles, reducing the demand for v …