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77 Lugano’s GR3N closes €15.5 million Series B to build the world’s first microwave-assisted PET recycling plant in Spain

EU-Startups
Rahul Raj @ EU-Startups 3 place · today 03:30 EDT

Lugano’s GR3N closes €15.5 million Series B to build the world’s first microwave-assisted PET recycling plant in Spain

GR3N, a Lugano-based CleanTech company specialising in PET/ polyester plastics and fibres recycling, has closed a €15.5 million Series B round to accelerate the construction of MODUS, the world’s first industrial plant based on microwave-assisted depolymerisation technology.  The round was led by 360 Capital, a Franco-Italian VC firm investing in DeepTech and ClimateTech, with the ...

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