Global Infrastructure SherpaRenasens raises €10 million in seed funding to scale waterless textile recycling platform
Cleantech startup Renasens secured €10 million (USD$11.5 million) in a seed funding round to expand its waterless, chemical-free textile recycling platform across Europe. The capital will be used to establish a pilot plant in Borås, Sweden, and integrate recovered fibers into European manufacturing infrastructure. Renasens' technology utilizes modified supercritical CO₂ to decolorize and separate blended textiles, enabling the recovery of intact fibers without depolymerization or water use. This funding round was led by Extantia, with participation from new investor Course Corrected VC and existing investor Norrsken Launcher. The investment aims to address the growing demand for scalable textile recycling infrastructure in response to tightening EU regulations on textile waste.
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The technology utilizes modified supercritical CO₂ to decolorize and separate blended textiles, enabling the recovery of intact fibers without depolymerization or water use. The recovered fibers can be directly reintroduced into existing spinning and manufacturing infrastructure without requiring reformulation or new equipment. The system is modular and designed for deployment within existing facilities, rather than relying on large centralized plants. As of January 2025, EU member states must offer separate textile collection systems, with Extended Producer Responsibility schemes set to be introduced by June 2027.
"Cleantech startup Renasens secured €10 million (USD$11.5 million) in a seed funding round"
"This funding round was led by Extantia, with participation from new investor Course Corrected VC and existing investor Norrsken Launcher."
"This funding round was led by Extantia, with participation from new investor Course Corrected VC and existing investor Norrsken Launcher."
"This funding round was led by Extantia, with participation from new investor Course Corrected VC and existing investor Norrsken Launcher."
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