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Renewcell logo — We make fashion circular by turning worn-out clothes and pro...

Renewcell

We make fashion circular by turning worn-out clothes and production waste into CIRCULOSE®

Founded 2012 Sweden Sweden 91 employees Debt Financing Total: $153.00M Sustainability

General Information

Company Name Renewcell
Founded Year 2012
Location Sweden Sweden
Founders / Decision Makers
Team member
Employees 91
Industries Sustainability
Funding Stage Debt Financing
Social

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About Renewcell

Renewcell is revolutionizing the fashion industry's approach to sustainability with its innovative solution: transforming textile waste into CIRCULOSE®, a dissolving pulp used in manufacturing man-made cellulosic fibers (MMCFs).

Founded in 2012 in Sweden, Renewcell addresses inefficiencies in textile production by offering a closed-loop solution that aligns with global efforts to reduce environmental footprints. Their mission, encapsulated in their slogan "We make fashion circular by turning worn-out clothes and production waste into CIRCULOSE®", is a significant step forward in creating a sustainable textile production lifecycle.

In their latest funding round, Renewcell secured a kr100.00M debt financing investment on 20 December 2023, with fashion giant H&M among the key investors. This backing not only underscores confidence in Renewcell's potential but also enhances their ability to scale operations and broaden impact across the fashion sector.

Business keywords: Circular Fashion, Sustainable Fashion, Textile Recycling, Circular Economy, Sustaintech, Dissolving Pulp, Cellulose-based Textiles, Hard Tech, Deep Tech, Fashion Industry, Environmental Impact Reduction, Waste Management, Recycling Processes, Resource Efficiency, Patented Technology

Services & Products

Recycling Technology for Textiles
Production of Circulose® pulp
Conversion of Textile Waste into New Materials

Target Customers

Fashion Brands Textile Manufacturers Apparel Producers Environmental Organizations

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing kr100.00M 1
H&M
20 Dec 2023
Venture Round Undisclosed 1
The Mills Fabrica
The Mills Fabrica
01 Dec 2019
Venture Round $5.00M 2
Almi Invest H&M Group Ventures (Prev. H&M CO:LAB)
Almi Invest, H&M Group Ventures (Prev. H&M CO:LAB)
25 Jun 2019
Venture Round kr48.00M 2
H&M Group Ventures (Prev. H&M CO:LAB)
H&M Group Ventures (Prev. H&M CO:LAB), Fouriertransform
23 Sep 2016

Latest News

View All
Harald Mix’s textile recycling startup Syre raises $100m Series A — Sifted
Harald Mix’s textile recycling startup Syre raises $100m Series A
Sifted May 23, 2024

Renewcell Alternatives & Competitors

View All Alternatives
Renewcell vs
eeden
eeden Germany

We turn textile waste into tomorrow’s resources.

Series A
47 employees
Fashion, Manufacturing
Compare Renewcell vs eeden
Renewcell vs
Re-Fresh Global
Re-Fresh Global Germany

We provide unique solutions for the circular economy through innovative textile waste management.

Seed
14 employees
Manufacturing, Sustainability
Compare Renewcell vs Re-Fresh Global
Renewcell vs
Rifò
Rifò Italy

Circular fashion made in Italy

22 employees
E-Commerce, Fashion
Also compare with: Renewcell vs Circ® Circ® View all alternatives

FAQ About Renewcell

We make fashion circular by turning worn-out clothes and production waste into CIRCULOSE®
Renewcell was founded in 2012.
Renewcell is headquartered in Sweden.
Renewcell operates in Sustainability. Its work centres on Circular Fashion, Sustainable Fashion, Textile Recycling and Circular Economy. Its customers include Fashion Brands, Textile Manufacturers and Apparel Producers.
Renewcell has approximately 91 employees.
Renewcell has completed 4 funding rounds, raising a total of $153.00M. The latest funding stage is Debt Financing.
Renewcell offers: Recycling Technology for Textiles, Production of Circulose® pulp, Conversion of Textile Waste into New Materials.
Top alternatives and competitors to Renewcell include eeden, Re-Fresh Global, Rifò, Manteco, FibreLab. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Renewcell 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 Renewcell, https://bouncewatch.com/company/renewcell, updated 24 July 2025. When citing, please name BounceWatch and link this page.

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