Gr3n developed an innovative process, based on a new application of microwave technology to a well known chemical reaction.
Gr3n invented a new process which allows for the first time to recycle PET bottles/food containers chemically in a profitable way.Gr3n developed an innovative process, based on a new application of microwave technology to a well known chemical reaction which provides for the first time with an economically efficient chemical recycling process of PET (Polyethylene Terephtalate) and allows an industrial implementation of this recycling method. This new process can potentially change how PET is recycled worldwide with a huge financial benefit for the recycling industry.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Mar 29, 2022 | Grant | Fr2.50M | 1 | European Innovation Council | — | Detail |
Investor Name | Lead Investor | Funding Round |
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European Innovation Council | Yes | Grant |