Worn Again Technologies

A world where resources are kept in constant circulation, driving economic, social and environmental benefits.

General Information
Company Name
Worn Again Technologies
Founded Year
2012
Location (Offices)
Nottingham, United Kingdom +1
Founders / Decision Makers
Number of Employees
19
Industries
Manufacturing, Sustainability
Funding Stage
Series Unknown
Social Media

Worn Again Technologies - Company Profile

Worn Again Technologies is a technology licensing company founded in 2005 and headquartered in the United Kingdom. Their mission is captured in their slogan, "A world where resources are kept in constant circulation, driving economic, social, and environmental benefits." The company is focused on addressing the challenging issue of converting polyester and poly-cotton blended textiles, as well as PET plastic, at their end of use, back into circular materials. Their unique polymer recycling technology can separate, decontaminate, and extract polyester and cellulose from non-reusable textiles and polyester bottles and packaging to produce dual PET and cellulose outputs. The key principles of Worn Again Technologies' process are to ensure their outputs are cost competitive, comparable in quality to virgin materials, and have a significantly reduced environmental impact compared to conventional production methods. With their last investment being a substantial £27.60M Venture Round investment on October 7, 2022, the company is poised for rapid scaling and technology licensing. They aim to achieve this with the assistance of strategic partners and an expert team, propelling them closer to their ambition of creating a circular world where resources are in constant circulation, driving economic, social, and environmental benefits.

Taxonomy: Recycling Technology, Polyester, Cellulose, Circular Economy, Textile Recycling, Apparel, Polymer Recycling, PET Plastic, End-of-Use Textile Supply Chain

Funding Rounds & Investors of Worn Again Technologies (4)

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Funding Stage Amount No. Investors Investors Date
Venture Round £27.60M - 07 Oct 2022
Venture Round €8.00M 2 17 Jun 2020
Venture Round £5.00M 1 H&M 17 Jul 2018
Venture Round Unknown 1 Future Tech Lab 01 May 2016

Latest News of Worn Again Technologies

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No recent news or press coverage available for Worn Again Technologies.

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