Gr3n

Gr3n developed an innovative process, based on a new application of microwave technology to a well known chemical reaction.

Business Model:

Revenue: $0

Employees: 1-10

Detailed Gr3n Information

Geographic Data

Gr3n headquarters map

Address: -

City: Lugano

State: ticino

Zip: 6815

Country: CH

Financial Info

Stage:

grant

Raised Last:

$3M

Raised Total:

$7M

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Description

Gr3n invented a new process which allows for the first time to recycle PET bottles/food containers chemically in a profitable way. Gr3n developed an innovative process, based on a new application of microwave technology to a well known chemical reaction which provides for the first time with an economically efficient chemical recycling process of PET (Polyethylene Terephtalate) and allows an industrial implementation of this recycling method. This new process can potentially change how PET is recycled worldwide with a huge financial benefit for the recycling industry.

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Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
9/2021 Series B 2 $7.4M Chevron Technology Ventures
Standex International
Chevron Technology Ventures
Standex International
9/2021 Series B $7.4M Standex International
3/2022 Grant 1 $2.7M European Innovation Council
European Innovation Council
Announced Date Name Price

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