GR3N SA, the Swiss innovator behind a microwave-powered process for economically viable PET recycling, has closed a $15.5M Series b funding round. The capital infusion saw participation from investors 360 Capital and VP Textile.
Founded in 2011, GR3N SA developed its DEMETO technology to address the long-standing challenge of making chemical PET recycling industrially and economically feasible. Their process uses microwave technology and alkaline hydrolysis to break down post-consumer and industrial polyester waste, including mixed textiles, into monomers that can be endlessly re-polymerized into new virgin-grade material.














