Announced

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Forbion led a €18m Series A round in eeden.

Synopsis

Forbion, a venture capital firm, led a €18m Series A round in eeden, a textile recycling technology startup company, with participation from Henkel, NRW Venture, TVF, HTGF, and D11Z Ventures. "Over the past few years, we have developed a proven solution that has the potential to meet the industry’s long-term need for cost-efficient and high-performing circular materials. We are proud that our new and existing investors believe in our approach and share our vision. With their support, we are ready to scale our technology and turn textile waste into materials the industry truly needs,” Steffen Gerlach, eeden CEO & Co-Founder.

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