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Worn Again Technologies Gets $9M Investment to Scale Up Circular Recycling Processes

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

Worn Again Technologies, which is developing circular polymer recycling processes, has secured up to 8 million euros ($9 million) in new equity capital from investors, including follow-on commitments from two of its existing strategic investors, H&M Group and Sulzer. The company said this significant financial backing is a vote of confidence in its enhanced recycling…

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