What are the latest funding news in the circular economy? (September 2026)
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The 12 disclosed circular economy financings tracked from 2 July to 28 August 2026 total at least $187M.
Capital concentrated in industrial resource recovery, while software, textile sorting and used-EV resale showed that circular infrastructure also needs strong digital layers.
Europe accounted for nine of the 12 companies in this selection, although the two Indian deals highlighted the growing importance of circular supply chains in Asia.
And if you want to better understand this new industry, you can download our pitch covering the circular economy.
Insights
- The three largest circular economy funding rounds, Cyclic Materials, Syntetica and Greyparrot, represented about 71% of the at-least-$187M total, showing that investors still concentrate capital behind infrastructure-ready platforms.
- Nine of the 12 companies were based in Europe, making the region the clearest hub in this sample for circular materials, textile recycling, wastewater recovery and reuse infrastructure.
- Resource recovery companies attracted at least $130M across Cyclic Materials, Circular Materials, Metal Morph and BatX Energies, reflecting growing demand for domestic critical-mineral supply chains.
- AI appeared in three deals, Intropy, Greyparrot and reverse.fashion, showing that circular economy software is moving beyond reporting toward spare-parts decisions, recycling intelligence and automated sorting.
- Textiles produced two very different funding stories: Ponda financed regenerative wetland-derived insulation, while Syntetica and reverse.fashion focused on keeping existing textile materials in circulation.
- The tracked rounds ranged from a seven-figure pre-seed extension to a $75M growth financing, underlining how circular economy startups require capital across the full path from pilot validation to industrial deployment.
- Several rounds funded physical networks rather than only product development, including biomass aggregation hubs, rare-earth recycling campuses, wastewater recovery systems and commercial-scale textile recycling plants.
As this chart shows, and as featured in our circular economy deck, search interest in eco-friendly brands has been growing steadily
Summary table of the latest funding deals in the circular economy as of September 2026
We define the circular economy market as all activities that keep products and materials in use for longer and return them safely to the economy or nature instead of sending them to waste.
We include circular design, sharing and product-as-a-service models, repair and refurbishment, remanufacturing, high-quality recycling, bio-based and compostable materials, regenerative agriculture, and the digital, logistics, consulting and financial services that enable these loops.
We exclude purely linear “take-make-waste” activities, traditional waste disposal, including landfilling and non-recovering incineration, and generic sustainability actions that do not materially change how resources and materials flow through the economy.
You can also read our detailed analysis to understand how funding activity in the circular economy has evolved over the last few years.
We also have a quarter-by-quarter analysis of funding activity in the market here.
Finally, you can check our complete list of fundraising deals for the circular economy (we update this list every quarter) as well as our ranking of the most funded startups.
| Name | When | Amount in $ | Round Type | Category |
|---|---|---|---|---|
| BatX Energies | 2 July 2026 | About $11M | Series A | Battery recycling & critical-mineral recovery |
| reverse.fashion | 8 July 2026 | At least $1M | Pre-seed extension | Textile reuse, sorting & recycling enablement |
| Visibuilt | 15 July 2026 | About $3.5M | Seed | Bio-based circular construction materials |
| Syntetica | 16 July 2026 | $30M | Series A | Textile-to-textile recycling |
| Circular Materials | 21 July 2026 | About $13.6M | SAFE financing | Industrial wastewater resource recovery |
| Aampere | 23 July 2026 | About $4.6M | Late-seed financing | Used-EV reuse & recommerce |
| Farm Watt | 23 July 2026 | About $3.4M | Seed | Agricultural-residue recovery & circular bioeconomy |
| Greyparrot | 28 July 2026 | $27M | Series B | Recycling intelligence & material recovery optimisation |
| Intropy | 30 July 2026 | $11M | Seed | Repair enablement & spare-parts management |
| Metal Morph | 13 August 2026 | About $0.95M | Pre-seed | Circular water-treatment chemicals |
| Cyclic Materials | 27 August 2026 | $75M | Strategic growth equity | Rare-earth recycling & critical-material recovery |
| Ponda | 28 August 2026 | About $1.9M | Crowdfunding seed extension | Bio-based circular materials & regenerative agriculture |
All the latest funding deals in the circular economy market as of September 2026
Ponda raised about $1.9M in a crowdfunding seed extension in August 2026.
When was it?
Ponda announced the crowdfunding round on 28 August 2026.
Who are they?
Ponda makes BioPuff, a plant-based insulation material produced from wetland crops grown through regenerative paludiculture.
Geographical focus?
Ponda is based in the United Kingdom and is building partnerships across the European textiles and materials market.
Why do we include them in the circular economy?
Ponda belongs in circular materials because BioPuff replaces animal and fossil-derived filling with a regenerative, bio-based material system.
What is the company stage?
Ponda is at an early commercial stage and is scaling manufacturing and market adoption.
How much did they raise?
Ponda raised about $1.9M, equal to €1.6M or roughly £1.4M, in this round.
What round is it?
Ponda completed a crowdfunding seed extension with more than 250 participating investors.
Why did they raise?
Ponda raised the capital to scale BioPuff production, strengthen go-to-market activity and support further product development.
Cyclic Materials raised $75M in strategic growth financing in August 2026.
When was it?
Cyclic Materials announced the financing on 27 August 2026.
Who are they?
Cyclic Materials recovers rare-earth elements and other critical minerals from end-of-life magnets and industrial scrap.
Geographical focus?
Cyclic Materials operates in North America and is expanding its recycling production footprint in the United States.
Why do we include them in the circular economy?
Cyclic Materials is a high-quality recycler that returns rare-earth materials from discarded products to domestic industrial supply chains.
What is the company stage?
Cyclic Materials is in the growth stage, with commercial infrastructure development underway.
How much did they raise?
Cyclic Materials raised $75M in disclosed strategic growth financing.
What round is it?
Cyclic Materials described the transaction as a strategic growth equity financing led by T. Rowe Price-advised accounts.
Why did they raise?
Cyclic Materials raised the funding to build its South Carolina rare-earth campus and expand its U.S. recycling network.
This chart, featured in our circular economy deck, compares the main business model options for refurbished tech sellers
Metal Morph raised about $0.95M in pre-seed funding in August 2026.
When was it?
Metal Morph announced the round on 13 August 2026.
Who are they?
Metal Morph recovers aluminium- and iron-based treatment chemicals from wastewater for reuse by utilities and industrial operators.
Geographical focus?
Metal Morph is based in the United Kingdom and is discussing early pilots with European water-sector partners.
Why do we include them in the circular economy?
Metal Morph creates a circular water-treatment chemical loop by recovering materials that utilities would otherwise dispose of.
What is the company stage?
Metal Morph is a pre-seed company validating its technology through utility and industry pilots.
How much did they raise?
Metal Morph raised £700K, or about $0.95M, in the pre-seed round.
What round is it?
Metal Morph completed a pre-seed round co-led by Sustainable Ventures and Green Angel Ventures.
Why did they raise?
Metal Morph raised the capital to run industry pilots, validate its technology and build commercial capacity.
Intropy raised $11M in seed funding in July 2026.
When was it?
Intropy announced its seed financing on 30 July 2026.
Who are they?
Intropy uses AI to automate inventory, pricing and replenishment decisions for spare-parts distributors, manufacturers and recyclers.
Geographical focus?
Intropy is based in the United Kingdom and is expanding its commercial presence in the United States.
Why do we include them in the circular economy?
Intropy supports repair and reuse by helping industrial operators keep useful spare parts available rather than replacing equipment prematurely.
What is the company stage?
Intropy is an early commercial seed-stage company with customer traction in the spare-parts market.
How much did they raise?
Intropy raised $11M in this financing round.
What round is it?
Intropy raised a seed round led by Felix Capital, with participation from Quiet Capital, General Catalyst and firstminute Capital.
Why did they raise?
Intropy raised the capital to accelerate product development, grow its team and open a New York office.
This chart, featured in our circular economy deck, shows why Back Market is winning in the circular economy
Greyparrot raised $27M in Series B funding in July 2026.
When was it?
Greyparrot announced the Series B round on 28 July 2026.
Who are they?
Greyparrot uses AI camera systems to identify, measure and analyse materials moving through recycling facilities.
Geographical focus?
Greyparrot serves waste and recycling operators internationally, with systems installed across more than 20 countries.
Why do we include them in the circular economy?
Greyparrot improves material recovery by making waste streams measurable and helping recyclers identify more valuable secondary materials.
What is the company stage?
Greyparrot is a growth-stage company with a commercially deployed global recycling intelligence platform.
How much did they raise?
Greyparrot raised $27M in the Series B financing.
What round is it?
Greyparrot raised a Series B led by technology investor Omar Mir.
Why did they raise?
Greyparrot raised the funding to expand its waste analytics platform globally and improve recycling recovery rates.
Aampere raised about $4.6M to expand used-EV resale in July 2026.
When was it?
Aampere announced the financing on 23 July 2026.
Who are they?
Aampere operates a digital marketplace that buys, values, transports and resells used electric vehicles across Europe.
Geographical focus?
Aampere is headquartered in Munich and focuses on the pan-European market for used electric cars.
Why do we include them in the circular economy?
Aampere enables vehicle reuse by giving used EVs a more efficient route to a second owner and a longer operating life.
What is the company stage?
Aampere is at a late-seed stage and is expanding an operating resale and logistics platform.
How much did they raise?
Aampere raised €4.2M, or about $4.6M, in the round.
What round is it?
Aampere completed a late-seed financing led by returning investor Trind Ventures.
Why did they raise?
Aampere raised the funding to expand used-EV inventory, logistics capacity and market coverage across Europe.
In our circular economy deck, we identify pain points entrepreneurs should prioritize
Farm Watt raised about $3.4M for circular bioenergy expansion in July 2026.
When was it?
Farm Watt announced the financing on 23 July 2026.
Who are they?
Farm Watt aggregates agricultural residues and converts them into feedstock and products such as compressed biogas, biochar and biomass pellets.
Geographical focus?
Farm Watt is focused on India, including major agricultural states with large volumes of underused crop residue.
Why do we include them in the circular economy?
Farm Watt creates value from agricultural residues that could otherwise be burned or left unused, supporting a circular bioeconomy.
What is the company stage?
Farm Watt is an early commercial company building its biomass supply chain and processing network.
How much did they raise?
Farm Watt raised ₹32.5 crore, equal to about $3.4M, in the disclosed financing.
What round is it?
Farm Watt completed a seed-stage funding round co-led by IAN Alpha Fund and Rainmatter.
Why did they raise?
Farm Watt raised the capital to expand biomass collection networks, build aggregation hubs and strengthen its supply chain.
Circular Materials raised about $13.6M in SAFE financing in July 2026.
When was it?
Circular Materials announced the financing on 21 July 2026.
Who are they?
Circular Materials recovers critical metals from industrial wastewater and returns them to industrial supply chains as secondary raw materials.
Geographical focus?
Circular Materials is based in Italy and is building industrial recovery capacity for the wider European market.
Why do we include them in the circular economy?
Circular Materials turns metal-bearing wastewater into a recoverable input stream instead of treating it only as a disposal problem.
What is the company stage?
Circular Materials is an early commercial scale-up with industrial validation and expansion plans.
How much did they raise?
Circular Materials raised €11.8M, or about $13.6M, in the financing.
What round is it?
Circular Materials used a SAFE financing structure rather than a priced equity round.
Why did they raise?
Circular Materials raised the capital to scale its recovery technology, build a new hub in Ferrara and expand operational capacity.
This market map, featured in our circular economy deck, highlights top companies and startups in the circular economy
Syntetica raised $30M in Series A funding in July 2026.
When was it?
Syntetica announced the Series A round on 16 July 2026.
Who are they?
Syntetica chemically recycles mixed Nylon 6 and Nylon 6,6 textile waste into high-quality material for new manufacturing.
Geographical focus?
Syntetica is based in France and is developing industrial capacity for European and global textile supply chains.
Why do we include them in the circular economy?
Syntetica enables textile-to-textile recycling by converting difficult mixed nylon waste into feedstock for new materials.
What is the company stage?
Syntetica is a Series A industrial scale-up preparing its first commercial demonstration facility.
How much did they raise?
Syntetica raised $30M in the funding round.
What round is it?
Syntetica completed a Series A led by Bpifrance’s Ecotechnologies 2 fund.
Why did they raise?
Syntetica raised the capital to build commercial recycling capacity and demonstrate industrial output for apparel supply chains.
Visibuilt raised about $3.5M in seed funding in July 2026.
When was it?
Visibuilt announced the seed financing on 15 July 2026.
Who are they?
Visibuilt develops mycelium-based binders for paving and construction materials that can replace more carbon-intensive alternatives.
Geographical focus?
Visibuilt is based in Denmark and is working with construction and infrastructure partners in the Nordic region.
Why do we include them in the circular economy?
Visibuilt belongs in circular construction materials because its bio-based binders reduce reliance on fossil-derived and resource-intensive inputs.
What is the company stage?
Visibuilt is a seed-stage company moving from laboratory work and pilots toward larger market validation projects.
How much did they raise?
Visibuilt raised €3.34M, or about $3.5M, in the seed round.
What round is it?
Visibuilt completed a seed round co-led by EIFO and Unconventional Ventures.
Why did they raise?
Visibuilt raised the funding to expand technical testing, establish larger trial production and strengthen its commercial team.
This chart, featured in our circular economy deck, shows annual funding in circular economy startups
reverse.fashion secured at least $1M in pre-seed funding in July 2026.
When was it?
reverse.fashion announced the pre-seed extension on 8 July 2026.
Who are they?
reverse.fashion uses AI to identify and sort used textiles by condition, style, brand, size and material composition.
Geographical focus?
reverse.fashion is based in Berlin and is focused on European textile sorting and recovery networks.
Why do we include them in the circular economy?
reverse.fashion helps direct used garments toward resale, reuse or high-quality recycling instead of lower-value disposal routes.
What is the company stage?
reverse.fashion is an early commercial pre-seed company moving from pilot projects into market entry.
How much did they raise?
reverse.fashion raised a seven-figure amount, meaning at least $1M, in the extension round.
What round is it?
reverse.fashion completed an extension to its pre-seed financing with High-Tech Gründerfonds.
Why did they raise?
reverse.fashion raised the capital to scale pilots and commercially roll out its automated textile sorting solution.
BatX Energies raised about $11M in Series A funding in July 2026.
When was it?
BatX Energies announced the Series A financing on 2 July 2026.
Who are they?
BatX Energies recycles lithium-ion batteries and refines lithium, cobalt, nickel, graphite and other recovered materials for new battery supply chains.
Geographical focus?
BatX Energies is based in India and is scaling a domestic platform with global ambitions for critical-mineral recovery.
Why do we include them in the circular economy?
BatX Energies closes battery material loops by returning minerals from end-of-life batteries and production scrap to manufacturing.
What is the company stage?
BatX Energies is a Series A industrial scale-up with operating recycling and refining capacity.
How much did they raise?
BatX Energies raised ₹105 crore, equal to about $11M, in the financing.
What round is it?
BatX Energies completed a Series A round led by IvyCap Ventures.
Why did they raise?
BatX Energies raised the capital to increase recycling and refining capacity, invest in research and develop a domestic critical-material supply chain.
Related blog posts
- How funding activity has changed in the circular economy
- What are the latest fundraising trends in the circular economy?
- How strong is fundraising in the circular economy right now?
