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BlockTexx logo — InnovationAus 2024 Awards for Excellence - Australian Hero +...

BlockTexx

InnovationAus 2024 Awards for Excellence - Australian Hero + Manufacturing Innovation winner.

Founded 2018 Australia Loganholme, Australia 15 employees Series B Total: $11.50M Agriculture, Fashion +2

General Information

Company Name BlockTexx
Founded Year 2018
Location Australia Loganholme, Australia
Employees 15
Industries Agriculture, Fashion, Manufacturing +1
Funding Stage Series B
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About BlockTexx

BlockTexx, winner of the InnovationAus 2024 Awards for Excellence as Australian Hero and Manufacturing Innovation, is a pioneering clean technology company based in Australia. Founded in 2018, BlockTexx employs proprietary technology to recover polyester and cellulose from discarded textiles and clothing, such as clothes, sheets, and towels.

The company's innovative process results in high-value raw materials like PET and Cellulose, positioning them as a pivotal player in the movement towards a circular economy. Their products, PolyTexx® and CellTexx®, are utilized across various industries including agriculture, building, fashion, and manufacturing.

In February 2024, BlockTexx secured a $7.00M Series B investment from prominent investors like Fashion for Good, Michael Gregg, and Sue Gregg, alongside the Artesian Clean Energy Seed Fund. This funding underscores growing confidence in sustainable practices within the textile industry and positions BlockTexx for further growth and innovation.

Taxonomy: Clean Technology, Textile Recycling, Circular Economy, Sustainable Textiles, Polyester Recovery, Cellulose Recovery, rPET Production, Microcrystalline Cellulose, Advanced Manufacturing, Chemical Recovery Technology, Recycled Materials, Sustainability Solutions, Waste Diversion, High Value Raw Materials, Fashion Technology

Services & Products

Textile Collection
Decommissioning and Shredding
Recycling and Processing
Remanufacture into New Products
End-to-End Textile Ecosystem

Target Customers

Textile Industry Clothing Manufacturers Agricultural Sector Building and Construction Companies Sustainability-Focused Organizations

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series B $7.00M 4
Fashion for Good
Fashion for Good, Michael Gregg +2
21 Feb 2024
Series A $3.70M -
03 May 2021
Seed Round $800.00K 1
Artesian Clean Energy Seed Fund
01 Apr 2019

BlockTexx Alternatives & Competitors

View All Alternatives
BlockTexx vs
eeden
eeden Germany

We turn textile waste into tomorrow’s resources.

Series A
47 employees
Fashion, Manufacturing
BlockTexx vs
Worn Again Technologies
Worn Again Technologies United Kingdom

A world where resources are kept in constant circulation, driving economic, social and environmental...

Venture round
19 employees
Manufacturing, Sustainability
BlockTexx vs
Sortile
Sortile United States

We are making circularity in the fashion industry a reality

Grant
7 employees
Fashion, Sustainability
View all alternatives

FAQ About BlockTexx

InnovationAus 2024 Awards for Excellence - Australian Hero + Manufacturing Innovation winner.
BlockTexx was founded in 2018.
BlockTexx is headquartered in Loganholme, Australia.
BlockTexx operates in Agriculture, Fashion, Manufacturing and Sustainability. Its work centres on Clean Technology, Textile Recycling, Circular Economy and Sustainable Textiles. Its customers include Textile Industry, Clothing Manufacturers and Agricultural Sector.
BlockTexx has approximately 15 employees.
BlockTexx has completed 3 funding rounds, raising a total of $11.50M. The latest funding stage is Series B.
BlockTexx offers: Textile Collection, Decommissioning and Shredding, Recycling and Processing, Remanufacture into New Products, End-to-End Textile Ecosystem.
Top alternatives and competitors to BlockTexx include eeden, Worn Again Technologies, Sortile, Eslando, Resortecs. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
BlockTexx and eeden are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for BlockTexx, https://bouncewatch.com/company/blocktexx, updated 19 August 2025. When citing, please name BounceWatch and link this page.

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