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Swiss startup GR3N raises €15.5M to build the world’s first microwave-powered PET recycling plant

Source: thenextweb.com 1 min read

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Swiss startup GR3N raises €15.5M to build the world’s first microwave-powered PET recycling plant

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Swiss cleantech startup GR3N has raised €15.5 million in a Series B round to build the world’s first commercial-scale microwave-assisted PET recycling plant. The round was led by 360 Capital, with new investor VP Textile also participating. The proceeds will fund MODUS, a 40,000-ton-per-year facility in Spain. PET is one of the most widely used […] This story continues at The Next Web

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