Circ Secures $100 Million Funding to Advance Textile Recycling Technology
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 24 2025
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Source: Newsfilter
- Funding Achievement: Circ has successfully raised $100 million from investors including Patagonia, which will accelerate the development of its proprietary chemical process for separating blended fibers, thereby advancing the circular economy in sustainable fashion.
- Technological Innovation: Circ's hydrothermal technology can separate polyester and cotton, regenerating them into new materials and addressing the recycling challenge for 77% of textiles in the fashion industry, which is expected to significantly reduce textile waste and greenhouse gas emissions.
- Market Impact: Circ's recycled textiles are already being utilized by brands like Allbirds, Zara, and H&M, and while there is a slight price premium, environmentally conscious brands like Patagonia welcome this option, indicating strong market demand for sustainable materials.
- Global Expansion: Circ is establishing its first industrial-scale textile recycling plant in France, marking the beginning of its global expansion and aiming to enhance textile recycling rates through innovative technology, thus driving the industry towards a more environmentally friendly direction.
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Analyst Views on BIRD
Wall Street analysts forecast BIRD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BIRD is 14.00 USD with a low forecast of 14.00 USD and a high forecast of 14.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 3.970
Low
14.00
Averages
14.00
High
14.00
Current: 3.970
Low
14.00
Averages
14.00
High
14.00
About BIRD
Allbirds, Inc. is a global lifestyle brand, which uses sustainable materials to make footwear and apparel products. The Company’s products include men's shoes, women's shoes, men's apparel, women's apparel, and socks. It offers various categories of shoes, including everyday sneakers, active shoes, water-repellent shoes, slip-ons, high tops, and sandals. It provides various categories of men’s apparel, including socks, underwear, tops, and sweats. The Company’s women's apparel includes socks, tees, sweats, underwear, bags, hats, and insoles. Its core franchises include lifestyle and performance shoes, such as the Dasher and the Runner. Its products contain natural and recycled materials, such as superfine ZQ certified merino wool, tree fibers, and sugarcane. The Company’s physical retail channel consists of 33 company operated stores in the United States and United Kingdom, with the majority in the United States.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Allbirds Shifts Focus to E-commerce, Closes U.S. Full-Price Stores
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- Market Capitalization: Despite having a market cap of $32 million, Allbirds has seen its stock plunge over 80% in the past two years, reflecting significant pressure and a loss of market confidence during its transformation process.
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Allbirds Shifts Focus to E-Commerce, Closing U.S. Full-Price Stores
- Strategic Shift: Allbirds announced it will close all full-price U.S. stores by the end of February to focus on e-commerce, reflecting necessary adjustments under its turnaround strategy aimed at enhancing profitability.
- Store Operations Adjustment: While closing full-price stores, Allbirds will continue to operate two outlet stores in the U.S. and two full-price stores in London, indicating its ongoing presence in the global market.
- Financial Pressure: The company reported a 23.3% year-over-year decline in net revenue in its third-quarter report, primarily due to impacts from international distributor changes and physical store closures, highlighting the market challenges it faces.
- Poor Market Performance: With a market cap of $32 million, Allbirds has seen its stock plunge over 80% in the past two years, reflecting significant difficulties encountered in a highly competitive market environment.
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