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Circular Materials

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Recovery and valorization of Critical Raw Materials from industrial wastewater

Cadoneghe, ItalyFounded 2019Energy
Valuation $50–100M Last recorded · 2026
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Circular Materials and the history behind them.

About Circular Materials

Circular Materials is an innovative company with a proprietary technology for the recovery and valorization of critical and strategic metals from industrial wastewater, through a sustainable and highly efficient process.

In March 2025, we have been selected by the European Commission as a Strategic Project under the Critical Raw Materials Act.

The company developed and patented the Supercritical Water Precipitation (SWaP) technology, which simultaneously treats wastewater and recovers metal, eliminating toxic sludge production and significantly reducing environmental impact, both in terms of waste and emissions.  By harnessing the unique properties of supercritical water, Circular Materials offers a competitive, safe, modular, and versatile solution capable of transforming entire industries into sustainability leaders, reducing their environmental impact with a virtuous carbon footprint.

“Everything can be recovered” is our mission: we are committed to reducing the environmental impact of industrial processes, promoting resource efficiency, and fostering a sustainable and circular future.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2019
Headquarters
Cadoneghe, Italy
Employees
31
Open positions
7
Dealroom signal
85.4/100
Sub-industry
Water, Energy Storage, Waste Solution
Sector
Energy, Recycling, Water Treatment, Sustainable Development Goals, EIC, Wastewater Treatment, Space Tech, EIC Fund
Technology
Hardware, Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

8 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VC✓Equity / VC Jul 2026 $13M $52M CORBITES · 360 Capital · Lumar · EIT RawMaterials ↗
SUPPORT PROGRAM✓Other financing Jul 2025 $0 — EIT RawMaterials —
Showing the latest 2 of 8 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthProfitMargin
2026
2025
2024
2023
2022 —
2021 — — —
2020 — — —
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Growth signals

Circular Materials website traffic

Latest recorded traffic for Circular Materials is 2.2K monthly website visits, up 29.4% over the last three months. Circular Materials's team grew 14.8% over the past year.

Latest monthly visits2.2K 3-month web change+29.4% 1-year team growth+14.8%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

11 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

  • A2A
  • European Innovation Council

Series A7 investors entered at this stage

  • Private Investor
  • 360 Capital
  • CORBITES
  • Lumar
  • EIT RawMaterials
  • CDP Venture Capital
  • EIC Fund

Other known investors2 additional known investors

  • CASSINI Initiative
  • EUSPA
Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇮🇹 Italy96.3%
🇬🇧 United Kingdom3.7%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Circular Materials on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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