Enzyme-based textile recycler completes funding round

LONDON - UK startup Epoch Biodesign has closed an $18.3 million Series A funding round to develop its technology which uses AI-designed plastic-eating enzymes to recycle polyester and nylon.

Led by the climate-focused fund Extantia Capital, the funding round was also supported by Zara owner Inditex which has signed a multi-year joint development agreement, as well as a $1 million grant from the UK government.