Inditex, eco investment company Breakthrough Energy Ventures, US textile manufacturer Miliken & Company and investment firm Lansdowne Partners all contributed to the funding round that will be used to complete engineering work on Circ’s larger-scale poly-cotton recycler facilities. Previous investors joining Circ’s latest round of funding include 8090 Partners, Alante Capital, Card Sound Capital, and Marubeni. The funding will also help the company to continue its commercial launches with key partners and add core team members in engineering, R&D, management, and business development.
To know more please visit : https://www.just-style.com/news/inditex-invests-in-first-poly-cotton-recycler-to-eliminate-clothing-waste/