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
Address: -
City: Lugano
State: ticino
Zip: 6815
Country: CH
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 |
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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 |
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