What does eeden do?
Eeden specializes in the chemical recycling of cotton-polyester textiles by developing technology that efficiently separates and recovers cellulose and PET monomers, which fiber producers convert into virgin-quality fibers such as lyocell, viscose, and polyester.
How much did they raise?
The company raised €18M in a Series A round led by Forbion with participation from Henkel Ventures, NRW.Venture, TechVision Fund, High-Tech Gründerfonds, and D11Z. Ventures.
What are their plans for the money?
The funds will be used to build a demonstration plant in Münster, optimize large-scale processing, and establish commercial projects with key industry players, aiming to accelerate the transition toward a fully circular textile industry.
What have they achieved so far?
Eeden has developed a breakthrough technology that efficiently recovers valuable materials from mixed fabrics, marking a significant achievement in the area of textile recycling.
