Circ: Funding, Investors & Team (Oct 2026)
Circ's goal is to satisfy consumers' demands for sustainability while retaining quality, affordability and convenience for industries. The company takes discarded clothing and recycles it to manufacture fabrics using both plant-based and petroleum-based materials. Tyton, Circ's primary product, is a virgin-equivalent substance made from market-grade dissolving pulp and petroleum monomers, which manufacturers can purchase at the same cost as traditional virgin materials to create various fibers such as cotton, polyester, and nylon. With water as its primary solvent, Circ aims to recycle these materials in a cost-effective manner. The company was established in 2011 and operates out of Danville, Virginia.
Circ has raised $55.0M across 2 funding rounds on record, the most recent a Series B of $25.0M announced in Mar 2023.
That round is above the $7.6M median round size for United States companies tracked on FundedIQ over the last two years.
Circ Company Profile and Key Stats
Latest funding round on record: Mar 2023.
Circ Funding Rounds
Circ raised $30.0M in a Series B announced in Jul 2022.
8 months later, a Series B of $25.0M was announced in Mar 2023.
Circ Founders and Leadership Team
Contact details for the Circ team: 1 of 2 have an email address on file.
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Circ's latest round of $25.0M is above the median round in United States. Medians cover the last 24 months of disclosed rounds.
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Circ Funding FAQs
What does Circ do?
Circ's goal is to satisfy consumers' demands for sustainability while retaining quality, affordability and convenience for industries. The company takes discarded clothing and recycles it to manufacture fabrics using both plant-based and petroleum-based materials. Tyton, Circ's primary product, is a virgin-equivalent substance made from market-grade dissolving pulp and petroleum monomers, which manufacturers can purchase at the same cost as traditional virgin materials to create various fibers such as cotton, polyester, and nylon. With water as its primary solvent, Circ aims to recycle these materials in a cost-effective manner. The company was established in 2011 and operates out of Danville, Virginia.
How much funding has Circ raised?
Circ has raised $55.0M across 2 rounds on record. The most recent is a Series B of $25.0M announced in Mar 2023.
When did Circ last raise funding?
Circ's most recent funding round on record is a Series B of $25.0M, announced in Mar 2023.
Who founded Circ?
FundedIQ lists Iulian Bobe (Founder) at Circ.
Who is the CEO of Circ?
Peter Majeranowski is listed as CEO at Circ.
Where is Circ headquartered?
Circ is based in Danville, Virginia, United States.
How many employees does Circ have?
Circ is in the 51-100 employee band.
About FundedIQ's Circ Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Circ is left off this page rather than filled in.
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