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Recyc'Elit
Recyc'Elit
Company

Last deal

—

Amount

Corporate Round

Stage

15.05.2024

Date

2

all rounds

$3.38M

Total amount

date founded

Financing round

General

About Company
Recyc'Elit uses low-energy technology to break down polyesters into constituent atoms.

Industry

Sector :

Subsector :

Keywords :

Number of employees

1-10

Company Type

For Profit

Last funding type

Corporate Round

IPO status

Private

Description

Recyc'Elit has developed a PET system that solves the challenges of recycling polyester-based textiles. Their innovative technology breaks down polyesters into their original atoms, requiring minimal energy. This breakthrough addresses the difficulties associated with polyester recycling and offers a sustainable solution for the textile industry.
Contacts

Website URL

https://recyc-elit.com/en/home-english

Social url

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Financials

Funding Rounds
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2

Number of Funding Rounds

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Money Raised

Their latest funding was raised on 15.05.2024. Their latest investor Decathlon. Their latest round Corporate Round

Date 
Funding Round 
Investors 
Money Raised 
Lead 
15.05.2024
Corporate Round
1
—
Decathlon
Decathlon
—
Seed
4
$3.38M
Local Amount - EUR 3.2M
UI Investissement
UI Investissement
Demeter
Demeter
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Fitness, E-Commerce, Retail

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59840 Lompret, France

count Of Investments

1
UI Investissement

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Demeter

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Number of investors

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Demeter
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Seed
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Seed
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Activity

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