LONDON – UK start-up DyeRecycle, which has developed technology to recycle synthetic dyes from textile waste, has raised more than $1.2 million in pre-seed funding, and $1 million in equity-free match funding from Innovate UK.
Founded in 2022, DyeRecycle says it will use the funding to expand capacity to support production for its various pilot programmes, and secure further product development partnerships and trials with supply chain partners and fibre recyclers.
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