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
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Detailed Gr3n Information
Geographic Data
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 | $7.4M |
Standex International |
3/2022 | Grant | 1 | $2.7M |
European Innovation Council European Innovation Council |
9/2021 | Series B | 2 | $7.4M |
Chevron Technology Ventures Standex International Chevron Technology Ventures Standex International |
|---|
| Announced Date | Name | Price |
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Employee Departments
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Revenue: 0 - 100000 Employees: Industry: Software |
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Revenue: 0 - 100000 Employees: 51 - 500 Industry: Education |
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Revenue: 0 - 100000 Employees: 11 - 50 Industry: Industrial |
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Revenue: 0 - 100000 Employees: 1 - 10 Industry: Advertising |
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