Gr3n SA is a Swiss company founded in 2011 that developed an innovative process, based on the application of microwave technology to an alkaline hydrolysis, which provides an economically viable recycling process of Polyethylene Terephthalate (PET), allowing the industrial implementation. This new process can potentially change how PET is recycled worldwide, with huge benefits both for the recycling industry and for all the polyester value chain. In the past, many efforts were made to transfer chemical recycling from research labs to industry but the economic aspects blocked the proposed solutions. Thanks to the DEMETO (Depolymerization by MicrowavE TechnolOgy) technology developed by gr3n this approach becomes real. gr3n has a massive advantage with respect to its competitors because it can supply a chemical recycling solution (i.e., closing the PET lifecycle, offering polymer grade material, treating waste, lowering carbon footprint) providing cost savings for players in the value chain.
The input materials for the process can be post-consumer and/or post-industrial polyesters, both from bottles (colored, colorless, transparent, opaque) and textile (100% polyester but also with up to 30% of other materials like PU, cotton, polyether-polyurea, etc.).
The reaction output is a mixture of building blocks derivatives, which are then isolated and purified. Monomers can be endlessly re-polymerized to provide brand new virgin PET or any other polymer that is using one of the monomers. As mentioned for the depolymerization step, every time we are running a polymerization, we are obtaining a brand new polymer, where the technical features depend on the monomer purity and on the polymerization conditions.
The input materials for the process can be post-consumer and/or post-industrial polyesters, both from bottles (colored, colorless, transparent, opaque) and textile (100% polyester but also with up to 30% of other materials like PU, cotton, polyether-polyurea, etc.).
The reaction output is a mixture of building blocks derivatives, which are then isolated and purified. Monomers can be endlessly re-polymerized to provide brand new virgin PET or any other polymer that is using one of the monomers. As mentioned for the depolymerization step, every time we are running a polymerization, we are obtaining a brand new polymer, where the technical features depend on the monomer purity and on the polymerization conditions.
Location: Switzerland
Employees: 11-50
Total raised: $18.04M
Founded date: 2011
Funding Rounds 1
| Date | Series | Amount | Investors |
| 05.06.2026 | Series B | $18.04M | 360 Capita... |
Mentions in press and media 13
| Date | Title | Description |
| 05.06.2026 | Chemical Recycling Breakthrough: GR3N Secures Major Funding for PET Revolution | 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 ... |
| 05.06.2026 | GR3N SA Raises €15.5 Million To Scale PET Recycling Technology And Build Industrial Plant In Spain | GR3N SA announced the closing of a €15.5 million Series B financing round that will support the commercialization of its proprietary PET recycling technology and fund the construction of its first industrial-scale facility. The company said... |
| 05.06.2026 | GR3N raises €15.5M Series B to scale PET chemical recycling | GR3N, the Swiss cleantech company advancing the recycling of PET and polyester plastics and fibres, has closed a €15.5 million Series B funding round. The round was led by 360 Capital, with participation from new investor VP Textile. Growth... |
| 04.06.2026 | GR3N closes a €15.5M Series B round | 98% of recycling today is mechanical, and can only process 15% of available PET. The other 85% (coloured bottles, textile fibres, films) ends up in landfill or incinerated. Chiasso-based cleantech company GR3N like to change that and devel... |
| 21.08.2023 | gr3n teams up with Intecsa to build first-of-a-kind plant for PET recycling | |
| 29.03.2022 | SERI confirms CHF 58 million SERI-funded EIC Accelerator Grants for 24 start-ups | |
| 13.09.2021 | The Apple vs. Epic fight isn’t over | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. Paid Content How to ensure your marketers stay dynamic and agile From Optimizely On Friday, a fed... |
| 13.09.2021 | Chevron and Standex invest in plastic recycling company Gr3n | |
| 13.09.2021 | The Apple vs. Epic fight isn’t over | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. Paid Content How a global community of chief executives is building better leaders From YPO On Fr... |
| 12.12.2018 | European Innovation Radar: Two Swiss winners in a row |
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