SuperCircle Raises $24 Million Series A
SuperCircle has raised $24 million in a Series A round led by Foundry, with participation from BBG Ventures, Renewal Funds and Elemental Impact, to accelerate AI-driven product identification, sorting, supply-chain data capture and textile recovery. The company processes about 650,000 units weekly at its 80,000‑square‑foot Las Vegas hub, plans an East Coast site for 2026, targets six million units in 2025 and aims to divert one billion units from landfill by 2030.
Key Points
- 1Raised $24M Series A led by Foundry to fund AI, sorting, and textile recovery
- 2Scales operations to process 650,000 units weekly; aims for six million in 2025
- 3Enables retailers to recapture value from $165B excess inventory via resale, donation, recycling
Scoring Rationale
Strong funding, operational scale and practical ML use; limited novelty because it's a sector-specific Series A rather than a general AI breakthrough.
Sources
Public references used for this report.
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