Circ, an apparel recycling startup, raised $30 million in Series B funding from Breakthrough Energy Ventures and Inditex, the parent company for clothing maker Zara.
Why it matters: Companies such as Inditexare taking a page out of the venture capital playbook by investing in mid- and early-stage climate-related startups, a trend that both puts them in competition with the investors and creates an added pool of capital to pull from if you're an entrepreneur seeking funding.