GR3N, a CleanTech company specializing in PET recycling, has secured €15.5 million in Series B funding led by 360 Capital, with participation from VP Textile. This capital will accelerate the construction of MODUS, their first industrial plant utilizing microwave-assisted depolymerization technology, designed to process 40,000 tons of PET waste annually. The company's patented MADE technology can recycle 100% of PET waste, including textiles, and reduce CO₂ emissions by up to 80% compared to virgin PET.
