Chemical Recycling Breakthrough: GR3N Secures Major Funding for PET Revolution
June 5, 2026, 9:32 pm
GR3N, a leading Swiss cleantech firm, closes a €15.5 million Series B funding round. This significant investment fuels its groundbreaking chemical recycling technology, Microwave-Assisted Depolymerization (MADE). MADE processes 100% of all PET waste, including complex textiles and colored plastics, creating virgin-grade monomers. These can be infinitely recycled without performance loss. The capital will establish MODUS, GR3N’s first industrial-scale plant in Spain. MODUS aims for a 40,000-ton annual capacity, converting waste into valuable PET chips. This initiative dramatically reduces landfill waste and carbon emissions, marking a critical step towards a circular plastic economy and addressing urgent global sustainability demands. The EU Innovation Fund has already committed €35 million to the MODUS project, highlighting its transformative potential in tackling pervasive plastic pollution.
The world faces a plastic crisis. Mountains of waste accumulate. Oceans choke. Current recycling methods fall short. Mechanical recycling handles little. Only 15% of available PET sees a second life. The vast majority ends up elsewhere. Colored bottles, textile fibers, films often go to landfills. Incineration is another outcome. This system is broken.
A Swiss cleantech company offers a new path. GR3N developed patented technology. It is called Microwave-Assisted Depolymerization (MADE). This innovation changes everything. MADE processes 100% of PET waste. It handles all types. Packaging waste is included. Complex textile materials are also accepted. No other method achieves this scale.
MADE technology breaks down PET plastics. It reverts them to their basic building blocks. These are called monomers. These monomers are pure. They are food-grade quality. They perform like virgin materials. Recycling can happen infinitely. No performance degradation occurs. This closes the loop. It creates true circularity. The process also slashes emissions. It reduces CO2 by up to 80%. This beats virgin PET production significantly. MADE stands apart. Other methods have feedstock limits. Glycolysis, methanolysis, dissolution fall short. MADE does not. Its versatility is unmatched.
Scaling this technology requires capital. GR3N recently closed a Series B funding round. It secured €15.5 million. This marks a pivotal moment. 360 Capital led the investment. They are a leading Franco-Italian VC firm. Their focus includes DeepTech and ClimateTech. VP Textile also participated. This firm is part of VP Capital Group. Growth Capital acted as financial advisor. The investment underlines confidence. Investors see the potential. They back this transformative solution.
The new funding has a clear purpose. It will finance GR3N's first industrial-scale plant. This facility is named MODUS. It will reside in Spain. MODUS represents a giant leap. It brings MADE technology to market at scale. The plant boasts significant capacity. It targets 40,000 tons of PET waste annually. This waste transforms into virgin PET chips. These new chips come from recycled monomers.
MODUS promises massive environmental benefits. Its operation will save nearly 2 million tons of CO2. This is over its lifetime. The European Union recognizes its value. The EU Innovation Fund selected MODUS. It committed €35 million. This additional funding accelerates deployment. It underscores the project's strategic importance. MODUS aims to redefine PET recycling. It offers a powerful model.
Demand for recycled PET is surging. Consumers demand sustainable products. Regulations grow increasingly stringent. Major consumer brands set ambitious targets. They commit to greater recycled content. Existing recycling infrastructure cannot keep pace. GR3N provides a vital answer. Its MADE technology delivers scalability. It offers a broader waste processing capability.
GR3N's intellectual property is robust. Two patent families cover the depolymerization process. An additional patent family protects its proprietary equipment. This secures its market position. The company moves beyond lab scale. It moves towards commercial operation. MODUS will prove the concept. It will demonstrate industrial viability. It will set new industry standards.
GR3N stands at the forefront. It drives the future of plastic recycling. Its MADE technology offers a genuine solution. It tackles the global PET waste problem. The €15.5 million Series B round propels this mission. The MODUS plant will bring it to life. This signals hope for a cleaner future. It promises a truly circular economy. It transforms waste into infinite resources. This is essential progress."
The world faces a plastic crisis. Mountains of waste accumulate. Oceans choke. Current recycling methods fall short. Mechanical recycling handles little. Only 15% of available PET sees a second life. The vast majority ends up elsewhere. Colored bottles, textile fibers, films often go to landfills. Incineration is another outcome. This system is broken.
A Swiss cleantech company offers a new path. GR3N developed patented technology. It is called Microwave-Assisted Depolymerization (MADE). This innovation changes everything. MADE processes 100% of PET waste. It handles all types. Packaging waste is included. Complex textile materials are also accepted. No other method achieves this scale.
MADE technology breaks down PET plastics. It reverts them to their basic building blocks. These are called monomers. These monomers are pure. They are food-grade quality. They perform like virgin materials. Recycling can happen infinitely. No performance degradation occurs. This closes the loop. It creates true circularity. The process also slashes emissions. It reduces CO2 by up to 80%. This beats virgin PET production significantly. MADE stands apart. Other methods have feedstock limits. Glycolysis, methanolysis, dissolution fall short. MADE does not. Its versatility is unmatched.
Scaling this technology requires capital. GR3N recently closed a Series B funding round. It secured €15.5 million. This marks a pivotal moment. 360 Capital led the investment. They are a leading Franco-Italian VC firm. Their focus includes DeepTech and ClimateTech. VP Textile also participated. This firm is part of VP Capital Group. Growth Capital acted as financial advisor. The investment underlines confidence. Investors see the potential. They back this transformative solution.
The new funding has a clear purpose. It will finance GR3N's first industrial-scale plant. This facility is named MODUS. It will reside in Spain. MODUS represents a giant leap. It brings MADE technology to market at scale. The plant boasts significant capacity. It targets 40,000 tons of PET waste annually. This waste transforms into virgin PET chips. These new chips come from recycled monomers.
MODUS promises massive environmental benefits. Its operation will save nearly 2 million tons of CO2. This is over its lifetime. The European Union recognizes its value. The EU Innovation Fund selected MODUS. It committed €35 million. This additional funding accelerates deployment. It underscores the project's strategic importance. MODUS aims to redefine PET recycling. It offers a powerful model.
Demand for recycled PET is surging. Consumers demand sustainable products. Regulations grow increasingly stringent. Major consumer brands set ambitious targets. They commit to greater recycled content. Existing recycling infrastructure cannot keep pace. GR3N provides a vital answer. Its MADE technology delivers scalability. It offers a broader waste processing capability.
GR3N's intellectual property is robust. Two patent families cover the depolymerization process. An additional patent family protects its proprietary equipment. This secures its market position. The company moves beyond lab scale. It moves towards commercial operation. MODUS will prove the concept. It will demonstrate industrial viability. It will set new industry standards.
GR3N stands at the forefront. It drives the future of plastic recycling. Its MADE technology offers a genuine solution. It tackles the global PET waste problem. The €15.5 million Series B round propels this mission. The MODUS plant will bring it to life. This signals hope for a cleaner future. It promises a truly circular economy. It transforms waste into infinite resources. This is essential progress."