eeden receives 18 million euros

eeden starts scaling up. The recycling startup secures Series A financing for the construction of a demonstration plant and new industrial partnerships.

Münster, April 29, 2025 - The Münster-based startup has closed a Series A financing round of 18 million euros. The capital will be used to scale up a chemical recycling technology for textiles. The round was led by the Dutch venture capital fund Forbion via its BioEconomy Fund. New investors include Henkel Ventures, NRW.Venture and existing investors such as High-Tech Gründerfonds, TechVision Fonds and D11Z. Ventures.

Demonstration plant planned in Münster

eeden plans to use the financing to build a demonstration plant in Münster. The aim is to optimize the large-scale processing of used textiles and to expand commercial cooperation with partners in the textile industry. eeden has already tested its technology on a pilot scale with industrial companies.

The specially developed recycling method makes it possible to recover cellulose and PET monomers from cotton-polyester blended fabrics. These raw materials can be used to produce new fibers such as lyocell, viscose or polyester - offering a circular alternative to conventional materials.

Responding to regulatory and economic pressure

The textile industry is under increasing pressure: rising raw material prices, unstable supply chains and new legal requirements - such as the separate collection of used textiles from 2025 in the EU - mean that new solutions are needed. eedens technology addresses these requirements by making even complex material blends recyclable.

We have developed a solution that has the potential to meet the industry's long-term demand for high-performance, cost-efficient and sustainable materials.

Steffen Gerlach, CEO eeden

The Series-A is an important step towards implementing the process on an industrial scale.

eeden has developed a pioneering solution that can make the recycling of mixed fiber textiles commercially viable. We look forward to supporting this development.

Alex Hoffmann, General Partner at Forbion

Early investor Björn Lang from the TechVision fund also sees the development as positive: "The team has turned an idea into a validated process and built a strong partner network."

With the new plant in Münster, eeden wants to bring its technology to market maturity. At the same time, the first commercial projects with industrial partners are planned in order to implement circular material cycles in practice.