BlockTexx
Clean technology company manufacturing rPET and cellulose from textiles and clothing.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
* | AUD7.0m | Series B | |
| Total Funding | 000k | ||
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BlockTexx is a clean technology company specializing in textile recovery, transforming waste into valuable raw materials. The company operates in the global textile recycling market, serving industries such as textiles, packaging, building products, pharmaceuticals, and food. BlockTexx's proprietary technology separates polyester and cotton materials, converting them into high-quality PET and cellulose. This process not only diverts textiles from landfills but also supports the circular economy by enabling the reuse of materials in new products. BlockTexx generates revenue by selling branded rPET plastic pellets and cellulose powder, which are used in various industries. The company is committed to reducing the environmental impact of textile waste and promoting sustainable practices.
Keywords: textile recovery, clean technology, polyester, cellulose, rPET, circular economy, sustainability, waste diversion, raw materials, recycling.