Renasens,
a Stockholm-based deeptech company developing textile recycling technology, has
raised €10 million in a seed funding round led by Extantia, with participation
from Course Corrected VC and continued backing from Norrsken Launcher.
Renasens
is addressing a structural challenge in the textile industry, where more than
12 million tonnes of waste are generated annually in Europe, yet less than 1 per cent is recycled into new fibres. Existing recycling methods struggle to process
blended and treated fabrics,which makes up the majority of post-consumer waste.
The company aims to close this gap by enabling fibre-to-fibre recycling at
scale and reducing reliance on imported virgin materials.
Its
platform uses modified supercritical CO₂ to separate and decolour blended
textiles, recovering intact fibres without the use of water or the use of toxic chemicals.
The recovered materials can be reintroduced into existing manufacturing
processes without requiring new equipment, and the system is designed to be
modular, allowing deployment within existing facilities across fragmented
supply chains.
Post-consumer
textile waste has long been considered both technically and structurally
unsolvable. We have developed a process that makes fibre recycling viable at
industrial scale, and are now building the infrastructure and partnerships to
support its adoption across Europe,
said
Dr Jade Bouledjouidja, founder and CEO of Renasens.
The
company has already begun supplying recovered cotton and polyester fibres to
manufacturers in Portugal and Italy. Its development comes as EU regulations tighten, with mandatory textile collection systems introduced in 2025 and extended producer responsibility schemes are expected by 2027, increasing demand
for scalable recycling solutions.
The
funding will support the development of a pilot plant in Borås, Sweden, and
enable the company to begin supplying recovered fibres directly into European
manufacturing.