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

Where are fashion’s priorities? How sustainability will fare post pandemic is just one of many open questions. Join SJ on July 15 at 11 am for a webinar on how the crisis will affect future sourcing decisions and how to better measure progress.

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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