Worn Again Technologies Ltd.
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Worn Again Technologies Ltd. - overview
Established
2005
Location
Nottingham, -, UK
Primary Industry
Environmental Services
About
Based in the UK, and founded in 2005, Worn Again Technologies Ltd. operates as a chemical recycling technology company. The company was founded by Cyndi Rhoades, Adam Walker, and Nick Ryan. In October 2022, Worn Again Technologies raised GBP 27.
6 million in venture funding from OC Oerlikon Corporation AG, The H & M Group, and Sulzer. As of 2022, the company’s CEO is Erik Koep. Worn Again provides a polymer recycling technology that turns PET plastic and mixed fabrics made of polyester and polycotton into raw materials. The company’s technology produces dual PET and cellulose products from non-reusable fabrics and polyester bottles.
The company plans to use the funds raised in October 2022 to support the construction of a textile recycling demonstration plant in Winterthur, Switzerland.
Current Investors
Sulzer, OC Oerlikon Corporation AG, The H & M Group
Primary Industry
Environmental Services
Sub Industries
Recycling, Textiles
Website
www.wornagain.co.uk
Company Stage
Late Stage
Total Amount Raised
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Worn Again Technologies Ltd. - employee data
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