Worn Again Technologies

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

Founded 2012

Nottingham, United Kingdom 19 employees Venture round Total: $40.60M Manufacturing, Sustainability

Worn Again Technologies is a technology licensing company founded in 2005 and headquartered in the United Kingdom. Their mission is captured in their slogan, "A world where resources are kept in constant circulation, driving economic, social, and environmental benefits." The company is focused on addressing the challenging issue of converting polyester and poly-cotton blended textiles, as well as PET plastic, at their end of use, back into circular materials. Their unique polymer recycling technology can separate, decontaminate, and extract polyester and cellulose from non-reusable textiles and polyester bottles and packaging to produce dual PET and cellulose outputs. The key principles of Worn Again Technologies' process are to ensure their outputs are cost competitive, comparable in quality to virgin materials, and have a significantly reduced environmental impact compared to conventional production methods. With their last investment being a substantial £27.60M Venture Round investment on October 7, 2022, the company is poised for rapid scaling and technology licensing. They aim to achieve this with the assistance of strategic partners and an expert team, propelling them closer to their ambition of creating a circular world where resources are in constant circulation, driving economic, social, and environmental benefits.

Funding Stage	Amount	Investors	Lead Investors	Date
Venture Round	£27.60M	-		07 Oct 2022
Venture Round	€8.00M	2	H&M Group Ventures (Prev. H&M CO:LAB), Sulzer Chemtech	17 Jun 2020
Venture Round	£5.00M	1	H&M	17 Jul 2018
Venture Round	Undisclosed	1	Future Tech Lab	01 May 2016

Funding Stage

Amount

Investors

Lead Investors

Date

Venture Round

£27.60M

07 Oct 2022

Venture Round

€8.00M

H&M Group Ventures (Prev. H&M CO:LAB), Sulzer Chemtech

17 Jun 2020

Venture Round

£5.00M

H&M

17 Jul 2018

Venture Round

Undisclosed

Future Tech Lab

01 May 2016

FAQ About Worn Again Technologies

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

Worn Again Technologies was founded in 2012.

Worn Again Technologies is headquartered in Nottingham, United Kingdom.

Worn Again Technologies operates in Manufacturing and Sustainability. Its work centres on Recycling Technology, Polyester, Cellulose and Circular Economy.

Worn Again Technologies has approximately 19 employees.

Worn Again Technologies has completed 4 funding rounds, raising a total of $40.60M. The latest funding stage is Venture round.

Top alternatives and competitors to Worn Again Technologies include BlockTexx, eeden, Recyc'Elit🌍, Dalmia Polypro Industries Private Limited, BlueAlp. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Worn Again Technologies and BlockTexx 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.

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