Novo, a holding and investment company, and A.P. Moller, an investment company, led a €75m ($82m) investment in CIRCTEC, technology company, has developed a proprietary technology for decomposing old tyres through pyrolysis. "We are very pleased to welcome Novo Holdings and A.P. Moller Holding to our board to continue our growth journey together. The success of this new investment round gives us the partners that will enable us to take CIRCTEC to the next level in realising our goal of scaling sustainability. Bringing our technology to a global scale will generate meaningful contributions to the sustainability of the planet," Allen Timpany, CIRCTEC Co-founder and CEO.