Münster-based eeden, a German startup specializing in chemical textile recycling, has closed an €18M Series A round.
The investment was led by Forbion's BioEconomy Fund, with participation from Henkel Ventures, NRW.Venture, and existing investors TechVision Fonds (TVF), High-Tech Gründerfonds (HTGF), and D11Z Ventures.
The funds will support the construction of eeden's demonstration plant in Münster, optimize large-scale processing, and establish commercial projects with key players in the textile industry.
eeden has developed a chemical upcycling process that efficiently recovers cellulose from cotton and transforms polyester into its basic building blocks. These components can then be processed into high-quality textile fibers such as lyocell, viscose, and polyester, offering a resource-efficient alternative to conventional fibers and enabling the creation of circular value chains in the textile industry.
The company's technology addresses a significant challenge in textile recycling: the efficient recovery of materials from cotton-polyester blends. Traditional recycling methods often result in downcycling, producing low-quality products. eeden's process enables the creation of high-quality fibers from textile waste, contributing to a more sustainable and circular textile economy. eeden.world
The new funding will enable eeden to scale its technology and establish strategic partnerships with key players in the textile industry. The company's demonstration plant in Münster will serve as a platform to showcase its technology and facilitate collaboration with industrial partners. eeden is also involved in the ReCircleTex project, a German innovation initiative aimed at promoting circular textile economy through technological and logistical optimizations.
With increasing textile waste and growing regulatory requirements, eeden's technology provides a timely solution for the textile industry. As of January 2025, EU member states are required to implement separate collection systems for used textiles. eeden's process is capable of processing complex blended materials, aligning with EU directives and supporting the industry's transition to a circular economy.
Investors and industry experts have expressed strong support for eeden's innovative approach. Alex Hoffmann, General Partner at Forbion, noted, "eeden has developed a pioneering solution that can make large-scale textile recycling not only technologically feasible but also commercially viable in the near future."
Björn Lang, Partner at TVF, added, "As an early investor, it’s great to see how the team has turned a vision into a validated process and strong strategic partnerships. The progress they’ve made shows what’s possible when the right people and strong science meet real customer needs."
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