eeden Funding News- German Tech Startup eeden Raises €18M In Series A Round

The company has created a recycling technology that turns old clothes into new, usable materials.

The textile industry is dealing with rising costs, limited raw materials, changing prices, and new regulations.

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Because of this, brands and manufacturers are looking for better textile options that are affordable, high-performing, and can be reused in a circular system. Eeden aims to help solve this problem.

Founded by Steffen Gerlach and Dr. Tobias Börnhorst, Eeden has created a chemical recycling technology that breaks down cotton-polyester blends into pure cellulose and PET monomers. These can then be used to make new materials like lyocell, viscose, and polyester fibers, offering a more sustainable alternative to traditional fabrics.

Steffen Gerlach, CEO and co-founder of eeden, says, “Over the past few years, we have developed a proven solution that has the potential to meet the industry’s long-term need for cost-efficient and high-performing circular materials.”

“We are proud that our new and existing investors believe in our approach and share our vision. With their support, we are ready to scale our technology and turn textile waste into materials the industry truly needs.”

Starting in January 2025, all EU countries will need to collect used textiles separately because of new rules and the growing problem of textile waste.

Eeden’s technology can help with this by recycling blended fabrics, making it a good fit for these new requirements.

Eeden plans to build a demonstration facility in Münster, Germany, after successfully testing its pilot plant with industry partners.

The new funding will also help the company improve its large-scale recycling process and start commercial projects with textile industry partners.

Alex Hoffmann, General Partner at Forbion, says, “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.”

About eeden

Eeden is a German fashion tech company working to make the textile industry more circular and sustainable. They recycle old clothes into new, high-quality fibers using chemical recycling. Their process separates cotton into cellulose and recovers polyester from blended fabrics, breaking textiles down into their basic building blocks.