Rester

Rester

A Finnish recycling company with vast experience in industrial scale recycling solutions and closed-loop business models for textile waste streams.

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DateInvestorsAmountRound
investor investor investor investor

€0.0

round
*

€4.9m

Valuation: €30.0m

Early VC
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
EUR20192020202120222023
Revenues00000000000000000000
% growth--1960 %372 %40 %
EBITDA00000000000000000000
Profit00000000000000000000
% profit margin-(2120 %)(622 %)(212 %)(270 %)
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Company filings or news article

Notes (0)
More about Rester
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Rester is a Finnish startup that operates in the textile recycling industry. The company's primary focus is on the recovery of business textiles, such as clothing, uniforms, workwear, towels, and other textile waste, transforming them into new fiber and high-quality raw materials. This process is part of a broader commitment to sustainable practices and a circular economy, which aims to reduce waste and make the most efficient use of resources.

Rester's clients are businesses that produce or handle end-of-life textiles or those that can utilize recycled fibers in their production processes. This includes a wide range of industries, from clothing manufacturers to hospitality businesses with large quantities of linens and uniforms.

Rester's business model is based on both closed-loop and open-loop recycling processes. In a closed-loop system, companies can recycle their own textile waste back into their production cycle, essentially reusing their own materials. In an open-loop system, the recycled fibers can be sold to another company to be upcycled into a different product. This flexibility allows Rester to cater to a variety of business needs and preferences.

The company generates revenue by charging for its recycling services and selling the recycled fibers to other businesses. By offering an efficient and affordable solution for textile waste, Rester is not only helping businesses reduce their environmental impact but also creating a new revenue stream from what would otherwise be waste.

In summary, Rester is a forward-thinking startup that is leveraging sustainable practices to create value in the textile industry. Its innovative approach to recycling is helping businesses reduce waste, lower carbon emissions, and optimize production, all while contributing to a more sustainable future.

Keywords: Textile Recycling, Circular Economy, Sustainable Practices, Business Textiles, Closed-loop Recycling, Open-loop Recycling, Environmental Impact, Carbon Emissions, Resource Optimization, Waste Reduction.

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