# GR3N

**Source:** https://www.startuphub.ai/startups/gr3n
**Profile type:** Startup

> CleanTech company specializing in PET/polyester plastics and fibres recycling using microwave-assisted depolymerisation.

## About

GR3N is a Lugano-based CleanTech company that has developed a patented technology called MADE (Microwave Assisted DEpolymerisation) for chemical recycling of PET (polyethylene terephthalate) plastics and fibres. Their technology is designed to process 100% of PET waste, including textile fibers, films, and colored resins, which are not effectively handled by traditional mechanical recycling methods. GR3N's process claims to reduce CO₂ emissions by up to 80% compared to virgin PET and produces food-grade monomers that can be recycled infinitely without loss of performance. The company is focused on accelerating the construction of MODUS, its first industrial-scale plant in Spain, to address the growing demand for recycled PET driven by regulations and brand commitments.

## Key facts

- **Slug:** gr3n
- **Website:** https://www.gr3n.com/
- **Location:** Lugano, Switzerland
- **Founded:** 2013-01-01 00:00:00
- **Operating status:** Inactive
- **Total funding:** $16M
- **Sectors / tags:** Cleantech, Recycling, Materials Science, Chemicals, Waste Management, Chemical Recycling, Circular Economy, Industrial Automation, Sustainability

## Frequently asked

### What does GR3N do?

GR3N is a Lugano-based CleanTech company that has developed a patented technology called MADE (Microwave Assisted DEpolymerisation) for chemical recycling of PET (polyethylene terephthalate) plastics and fibres. Their technology is designed to process 100% of PET waste, including textile fibers, films, and colored resins, which are not effectively handled by traditional mechanical recycling methods. GR3N's process claims to reduce CO₂ emissions by up to 80% compared to virgin PET and produces fo…

### How much funding has GR3N raised?

GR3N has raised a total of $16M in funding. The most recent round on record is Series B.

### Where is GR3N headquartered?

GR3N is headquartered in Lugano, Switzerland.

### When was GR3N founded?

GR3N was founded in 2013.

### What industry does GR3N operate in?

GR3N operates in Cleantech, Recycling, Materials Science, Chemicals, Waste Management, Chemical Recycling.

### What is GR3N's current status?

GR3N's current operating status is: Inactive.

### What is GR3N's revenue?

StartupHub estimates GR3N's annual revenue at $6.7M (range $2.2M to $8.1M, 29% confidence), based on comparable companies in the sector.

### What is GR3N's valuation?

StartupHub estimates GR3N's effective valuation at $64.2M (range $38.8M to $93.0M, 23% confidence), based on comparable companies in the sector.

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