TextileRe
Latest round
- Seed
Last raised
- Oct 2024
Total raised
- $0.4M
Investors
- 3
About TextileRe
, Ltd. is a materials company focused on recycling fabrics, including used polyesters, to produce recycled PET materials.7 billion in technology development funds from the South Korean government’s SMEs and Startups Ministry, along with KRW 120 million for its Startup Growth Technology Development Project. The company addresses the environmental challenges posed by textile waste as well as the detrimental effects of landfill and incineration. TextileRe develops intermediate materials for recycling waste textiles and implements a closed-loop recycling model. Its advanced technology aims to enhance the sustainability of textile processing, potentially reducing carbon dioxide emissions from PET production by up to 60%.
Who invested in TextileRe
3 investors across 1 round
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Funding rounds
Seed
Oct 14, 2024
Amount
$0.4M
Investors
Questions about TextileRe
Who invested in TextileRe?
TextileRe has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has TextileRe raised?
TextileRe has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did TextileRe last raise money?
TextileRe's most recent round on record is a Seed, in Oct 2024.
What does TextileRe do?
TextileRe is a materials company.
Where is TextileRe headquartered?
TextileRe is headquartered in Gyeongsangnam-do, South Korea.
Which VCs invest in companies like TextileRe?
Among active investors with capital left to deploy, Legend Capital, Shanghai STVC Group, GL Ventures and Fortune Capital back materials companies at TextileRe's stage. Their profiles are linked below.
VCs backing materials startups at Seed
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