Circ Inc. has filed a notice of an exempt offering of securities to raise $24,999,961.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Circ Inc. is raising $24,999,961.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Peter Majeranowski played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Circ Inc.
At Circ, we’ve created a technology system that returns clothes to the raw materials from which they were made. We’ve discovered a path to erase our global fashion footprint. But, there’s no way we can do it alone. We are calling on the leaders of the fashion industry and the shoppers who buy their clothing (read: everyone’s in this together) to buy recycled and circular fibers and ultimately join us in reinventing the way that clothing is made. We believe that all clothing can be powered by Circ and that one day, each of us will have a closet that we can be proud of. The reality is that we are just beginning to understand what a toll our addiction to fashion (both fast and slow) is having on our planet and our personal and collective health. But, we know for sure its clogging our landfills, polluting our rivers and draining our natural resources. And all the while, were manufacturing it faster, in ever-increasing amounts while wearing clothes shorter and trashing them sooner.
To learn more about Circ Inc., visit http://www.circ.earth/
Contact:
Peter Majeranowski, Chief Executive Officer
434-793-9100
SOURCE: http://www.intelligence360.io
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