eeden, a Münster, Germany-based tech startup developing textile recycling technology, raised €18M in Series A funding.
The round was led by Forbion, with participation from Henkel Ventures, NRW.Venture, TechVision Fund (TVF), High-Tech Gründerfonds (HTGF) and D11Z. Ventures.
The company intends to use the funds to build its demonstration plant in Münster, optimize large-scale processing, and establish commercial projects with key players in the textile industry.
Led by CEO Steffen Gerlach, eeden specializes in the chemical recycling of cotton-polyester textiles. It has developed technology that efficiently separates and recovers cellulose and PET monomers, which fiber producers transform into virgin-quality lyocell, viscose, and polyester fibers, enabling the transition toward a fully circular textile industry.
FinSMEs
29/04/2025