What is Cercle X?
Cercle X is a prominent player in digital waste management, offering a comprehensive suite of services that include industrial waste management, scrap trade, and end-to-end Extended Producer Responsibility (EPR) fulfillment. Leveraging a sophisticated tech-driven platform, the company ensures robust traceability and transparency throughout the waste processing lifecycle. This empowers brands, governments, and various stakeholders to effectively achieve their sustainable waste management objectives. By connecting over 42,000 traders and aggregators across India, Cercle X facilitates the efficient buying and selling of scrap materials, driving forward its mission to foster a circular economy and promote responsible recycling practices for a waste-free world.
How much funding has Cercle X raised?
Cercle X has raised a total of $2.5M across 1 funding round:
Angel/Seed
$2.5M
Angel/Seed (2022): $2.5M with participation from Inflection Point Ventures
Key Investors in Cercle X
Inflection Point Ventures
Inflection Point Ventures is a leading angel investing platform in India, known for providing viable investment opportunities and founder-friendly support to startups. They focus on building an accessible angel-investing network and offer non-monetary support for startup growth and scalability.
What's next for Cercle X?
The substantial enterprise-level funding and recent strategic investment signal a pivotal growth phase for Cercle X. This capital infusion is expected to fuel further technological advancements in their waste processing platform, expand their network of traders and aggregators, and enhance their EPR fulfillment capabilities. Cercle X is strategically positioned to deepen its impact on India's circular economy, likely focusing on scaling operations and solidifying its market leadership in sustainable waste management solutions.
See full Cercle X company page
