The round was led by an unnamed investor, with participation from another unnamed investor and continued backing from an existing unnamed investor. The company is already supplying recovered cotton and polyester fibres to manufacturers in Portugal and Italy.
About Renasens
Renasens is a textile recycling startup that uses patented supercritical CO2 technology to separate and recover fibres from blended and treated textile waste without water or toxic chemicals, preserving fibre quality for direct reuse in manufacturing.
Stockholm, Sweden
Read Company ProfileFrequently Asked Questions
What type of funding round did Renasens raise?
Renasens raised a seed round.
How much did Renasens raise in its seed?
Renasens raised $10,000,000 EUR in its seed.
What type of investment was Renasens's seed?
Renasens's seed was a equity investment.
How will Renasens use the funds from its seed?
Renasens plans to use the funds for: Develop a pilot plant in Boras, Sweden, Scale CO2-based textile recycling technology, Begin supplying recovered fibres directly into European manufacturing, Support adoption of fibre-to-fibre recycling across Europe.