Circular Materials
Summary active Updated Jul 21, 2026This profile is AI-generated. If you spot an error, please help us fix it by sharing a URL to the correct information.
About
Circular Materials is an Italian climate-tech scale-up, founded in 2019, that develops processes to recover critical raw materials — including dissolved metals such as copper, nickel, and cobalt — from industrial wastewater 123. The company’s proprietary SWaP (Supercritical Water Precipitation) technology aims to recover more than 99% of the dissolved metals in wastewater streams, and its facility in Padua, Italy has received “end-of-waste” status under the European Waste Framework Directive 2. In 2025, its RECOVER-IT project was selected by the European Commission as a Strategic Project under the Critical Raw Materials Act (CRMA) 4. On 2026-07-21, Circular Materials announced a SAFE financing round totaling €11.8 million with participation from CDP Venture Capital, the European Innovation Council Fund, EIT RawMaterials, 360 Capital, Corbites, and Lumar S.r.l., to be used to expand operational capacity, develop the SWaP technology further, and build an additional industrial recovery hub in Ferrara, Italy 123.
Disclaimer: This is a lean profile built from initial round coverage and may be expanded as more information becomes available.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| 2026-07-21 | SAFE | €11.8M | — | CDP Venture Capital, European Innovation Council Fund, EIT RawMaterials, 360 Capital, Corbites, Lumar S.r.l. 123 |
What Investors Say
No independently sourced investor quotes found in primary press for this round.
What Founders Say
No independently sourced founder quotes found in primary press for this round.
Sources
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“Italy’s Circular Materials secures €11.8 million to recover critical raw materials from industrial wastewater,” EU-Startups, July 21, 2026. Accessed July 2026. https://www.eu-startups.com/2026/07/italys-circular-materials-secures-e11-8-million-to-recover-critical-raw-materials-from-industrial-wastewater/↩↩↩
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“Circular Materials Receives 11.8 Million Euros to Expand Its Raw Materials Recycling Technology,” Startbase, July 21, 2026. Accessed July 2026. https://www.startbase.com/news/circular-materials-erhaelt-118-millionen-euro-fuer-den-ausbau-seiner-rohstoff-recyclingtechnologie↩↩↩↩
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“Circular Materials Selected as a Strategic Project by the European Commission Under CRMA,” Recycling Industry, 2025. Accessed July 2026. https://www.recyclind.com/eng/4562/circularmaterialsselectedasastrategicprojectbytheeuropeancommissionundercrma/↩↩↩
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“Circular Materials Selected as a Strategic Project by the European Commission Under CRMA,” Businesswire, March 26, 2025. Accessed July 2026. https://www.businesswire.com/news/home/20250326855252/en/Circular-Materials-Selected-as-a-Strategic-Project-by-the-European-Commission-Under-CRMA↩