Circular Materials secured 11.8 million EUR in Simple Agreement for Future Equity (SAFE) financing. The round was backed by CDP Venture Capital, the European Innovation Council Fund, EIT RawMaterials, 360 Capital, Corbites and Lumar S.r.l. The funding will support the company's next phase of growth as it moves from industrial validation to broader commercial deployment, including development of its next Circular Materials Hub in Ferrara, strengthening operations and scaling SWaP technology.
About Circular Materials
Italian cleantech company that develops technology to recover critical and strategic raw materials from industrial wastewater. It has developed a proprietary process and its Supercritical Water Precipitation (SWaP™) technology is designed to recover more than 99 per cent of dissolved metals from complex wastewater streams while reducing the generation of hazardous sludge.
Ferrara, Italy
Read Company ProfileFrequently Asked Questions
What type of funding round did Circular Materials raise?
Circular Materials raised a convertible round.
How much did Circular Materials raise in its convertible?
Circular Materials raised $11,800,000 EUR in its convertible.
When did Circular Materials raise its convertible?
Circular Materials raised its convertible on 2026-07-21.
Who invested in Circular Materials's convertible?
The investors in Circular Materials's convertible are: CDP Venture Capital, European Innovation Council Fund, EIT RawMaterials, 360 Capital, Corbites, Lumar S.r.l..
What type of investment was Circular Materials's convertible?
Circular Materials's convertible was a equity investment.
How will Circular Materials use the funds from its convertible?
Circular Materials plans to use the funds for: develop the next Circular Materials Hub in Ferrara, strengthen operational capabilities, continue scaling its proprietary SWaP technology, support commercial expansion, develop new recovery infrastructure.