German pioneer raises €18 million to build a demo plant for its tech which recovers both cellulose and PET from blended textiles
MÜNSTER – German textile recycling startup Eeden has raised €18 million in a series A funding round to scale its chemical process which recovers cellulose and PET building blocks from cotton-polyester blends.
The funding will enable the company to build a demonstration plant in Münster where it previously tested its technology in a pilot plant with industrial partners.
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