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GR3N

Develops microwave-assisted PET recycling technology to convert hard-to-recycle plastic waste into reusable feedstock.

Deep Tech
PET Recycling
Total Raised
$16M
Last Valuation
$103M
Headquarters
Chiasso, Switzerland

Overview

GR3N is a Swiss recycling technology startup building microwave-based PET recycling infrastructure. Its stated goal is to construct the world’s first microwave PET recycling plant, targeting the large share of plastic waste that is not currently recycled. The company’s differentiation centers on applying microwave technology to PET recycling, positioning it as a deep-tech solution for plastics circularity rather than an AI business. GR3N raised €15.5 million, reported as about $16 million, in an undisclosed round announced in June 2026 to support plant construction.

Funding History

1 round · Jun 2026
$16M
Total Raised
1
Valuation: $103M
Cumulative: $16M

Swiss startup GR3N raises €15.5M to build the world’s first microwave PET recycling plant and tackle the 85% of plastic that never gets recycled

Investors not disclosed
Source

Frequently Asked Questions

How much has GR3N raised in total?
GR3N has raised a total of $16M across 1 funding round.
Who are GR3N's investors?
GR3N's investors include Undisclosed.
What does GR3N do?
GR3N is a Swiss recycling technology startup building microwave-based PET recycling infrastructure. Its stated goal is to construct the world’s first microwave PET recycling plant, targeting the large share of plastic waste that is not currently recycled. The company’s differentiation centers on applying microwave technology to PET recycling, positioning it as a deep-tech solution for plastics circularity rather than an AI business. GR3N raised €15.5 million, reported as about $16 million, in an undisclosed round announced in June 2026 to support plant construction.
Where is GR3N headquartered?
GR3N is headquartered in Chiasso, Switzerland.