Eeden Secures €18M Series A for Textile Recycling Expansion

German startup eeden has secured €18 million in Series A funding, led by Forbion's BioEconomy Fund with support from Henkel Ventures, NRW.Venture, and existing investors, to scale its chemical textile recycling technology. The funds will be used to build a demonstration plant in Münster, optimize large-scale processing, and establish commercial partnerships in the textile industry. Eeden's process efficiently separates cellulose and PET monomers from cotton-polyester blends, enabling the production of high-quality lyocell, viscose, and polyester fibers from textile waste—addressing a major recycling challenge and supporting circular value chains. The technology arrives as the textile industry faces rising costs, resource shortages, regulatory pressures, and a mandate for EU countries to collect used textiles separately starting January 2025. Eeden's approach promises a resource-efficient alternative to conventional fibers, with the potential to meet growing industry demand for sustainable, circular materials. The investment also marks increasing industrial interest and momentum in textile-to-textile recycling as brands and regulators respond to mounting clothing waste.