What is GR3N?
GR3N is at the forefront of sustainable materials management, specializing in a chemical recycling process designed to break down polyester waste into its fundamental building blocks. This allows for the creation of new, high-quality polymers, effectively closing the loop in material usage. The company's proprietary approach is particularly adept at handling mixed and contaminated waste streams that often prove challenging for conventional mechanical recycling methods. By collaborating with industrial partners, GR3N aims to deploy scalable recycling systems that reduce dependence on virgin fossil-based feedstocks and promote a circular economy.
How much funding has GR3N raised?
GR3N has raised a total of $25.4M across 1 funding round:
Series B
$25.4M
Series B (2026): $25.5M with participation from VP Textile, 360 Capital Partners, and Standex International
Key Investors in GR3N
VP Textile
VP Textile is a leading organization in the workwear and protective wear industry, emphasizing sustainability, innovation, and safety solutions. The company operates three complementary brands that provide a one-stop-shop for high-quality, durable, and responsibly made workwear and protective wear. With a strong commitment to minimizing environmental impact, VP Textile focuses on creating products that are both functional and aesthetically pleasing. Their dedication to quality and teamwork enables them to deliver custom-made solutions tailored to the evolving needs of their clients.
360 Capital Partners
We are a Venture Capital firm, investing in Innovation at full scale, in Europe and more particularly in France and Italy. Over Euro 300 Mio under management in the last 15 years, 360 Capital Partners is managed by a consolidated team which has cumulated 60+ years of Venture Capital experience in investing in, following-up and/or exiting from over 80 companies. In end 2012 we have raised a new fund 75 million. We leverage an important international network, having co-invested with major international Venture Capital funds in over 10 countries with a proven top quartile track record, either as individuals or as a team, in very different economic environments.
Standex International
Founded in 1955 and headquartered in Salem, New Hampshire, Standex International is a manufacturer in multiple industries. The company works in industries including food service equipment, engineering technologies, engraving, electronics, and hydraulics.
What's next for GR3N?
With the recent Series B financing, GR3N is poised to accelerate the scaling of its chemical recycling technology. This strategic investment will likely fuel further research and development, enhance operational capacity, and expand its industrial partnerships. The company's focus on tackling difficult-to-recycle polyester waste positions it as a key player in the burgeoning cleantech sector, addressing critical environmental challenges and meeting the growing demand for sustainable materials. Future growth will likely involve broader market penetration and the establishment of more widespread recycling infrastructure.
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