Circular Materials secures €11.8 million in SAFE financing to recover critical raw materials from industrial wastewater. The round includes investors like CDP Venture Capital and EIT RawMaterials.
Amount Raised
€11.8 Million
Round Type
Convertible Note
VenetoManufacturingBiotechnologyWaterWater PurificationInvestors
Description
Circular Materials, based in Cadoneghe, has secured €11.8 million to enhance its infrastructure for recovering raw materials from industrial wastewater. The funding comes from a group of European institutional and strategic investors including CDP Venture Capital and EIT RawMaterials. This investment aims to bolster industrial competitiveness and promote circular supply chains. The company utilizes innovative technology to recover over 99% of dissolved metals from wastewater.
Quick answer
Circular Materials raised €11.8 Million in a Convertible Note round, dated July 21, 2026. Investors: EIT RawMaterials, Lumar S.R.L., Corbites, 360 Capital, European Innovation Council Fund and CDP Venture Capital. Circular Materials is based in Veneto, Italy.
- How much did Circular Materials raise?
- Circular Materials raised €11.8 Million in a Convertible Note round on July 21, 2026.
- Who invested in Circular Materials?
- EIT RawMaterials, Lumar S.R.L., Corbites, 360 Capital, European Innovation Council Fund and CDP Venture Capital are named as investors in this round.
- What does Circular Materials do?
- Circular Materials is a Cadoneghe-based scale-up focused on recovering critical and strategic raw materials from industrial wastewater.
- Where is Circular Materials based and how big is it?
- Circular Materials is based in Veneto, Italy. Fundz records about 51 employees.
Source: Fundz verified event record.
Who else raised in Water and Water Purification around the same time
Companies in the same sectors as Circular Materials that raised within 45 days of this round, from Fundz verified event records.
- Heartland Water Technology raised $1.5M on September 1, 2026.
- Porelio raised $2.7M (Pre-Seed) on July 7, 2026.
- East Range Group raised an undisclosed amount (Funding Round) on June 26, 2026.
- Qilin Zhengwei raised an undisclosed amount (Series A) on September 3, 2026.
- DataHow raised an undisclosed amount (Series A) on September 2, 2026.
- Cornerstone Robotics raised $700M (Corporate Round) on September 2, 2026.
Who to call at Circular Materials, and when
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