Worn Again
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
€830k | Seed | ||
£5.0m | Early VC | ||
* | €8.0m | Early VC | |
* | N/A | £27.6m | Late VC |
Total Funding | AUD81.5m |
Recent News about Worn Again
EditWorn Again Technologies is a pioneering company focused on addressing the complex issue of textile waste by converting non-reusable textiles and PET plastic into sustainable raw materials. The company operates in the recycling and sustainability market, serving clients ranging from local to global investors and strategic partners. Its business model revolves around leveraging advanced recycling technology to separate, decontaminate, and extract polyester and cellulose from cotton and PET plastic. This process produces dual PET and cellulose outputs, which are then reintroduced into production supply chains, thereby replacing the need for virgin resources. Worn Again Technologies generates revenue through partnerships, investments, and the commercialization of its recycling technology. The company is committed to creating a waste-free, circular resource world, driving economic, social, and environmental benefits.
Keywords: textile waste, PET plastic, recycling technology, sustainable raw materials, circular economy, polyester, cellulose, decontamination, strategic partners, environmental benefits.