Münster-based startup eeden has secured €18 million in Series A funding to advance its innovative textile recycling technology that turns old clothing into new materials. Led by Dutch VC Forbion and joined by investors like Henkel Ventures, the funding aims to tackle industry challenges, including rising costs and resource limitations. eeden's technology chemically recycles cotton-polyester blends into usable fibers, promoting circular production. With upcoming EU regulations on textile waste, eeden's initiatives position it as a leading solution in sustainable textile manufacturing.
Over the past few years, we have developed a proven solution that has the potential to meet the industry's long-term need for cost-efficient and high-performing circular materials.
We are proud that our new and existing investors believe in our approach and share our vision. With their support, we are ready to scale our technology and turn textile waste into materials the industry truly needs.
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