Company profile: Worn Again Technologies
1.1 - Company Overview
Company description
- Provider of polymer recycling technology for chemical textile-to-textile recycling that breaks down and recaptures raw materials in old clothing and textiles, separating, decontaminating, and extracting polyester and cellulose to produce virgin-quality materials. Offers a demo plant in Winterthur, Switzerland, feedstock development, circular raw materials, chemicals for circularity, and closing-the-loop processes.
Products and services
- Chemical Recycling Technology: A chemical, textile-to-textile system that separates, decontaminates, and extracts polyester and cellulose from non-reusable textiles, breaking down and recapturing raw materials into virgin-quality materials reintroduced into the supply chain
- Circular Raw Materials: Virgin-equivalent polyester and cellulose materials produced from recycled textiles, engineered to be spun into new fibers and reintroduced as new materials within textile supply chains
- Demo Plant: A demonstration-scale facility in Winterthur, Switzerland that processes 1,000 tonnes of textiles annually, showcasing the chemical recycling technology’s capability to separate, decontaminate, extract polyester and cellulose
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Worn Again Technologies
Single Stream Recyclers
HQ: United States
Website
- Description: Provider of single-stream material recovery facility (MRF) operations in Sarasota, focused on waste reduction.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
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- Total funding raised: $●●●m
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Ioniqa
HQ: The Netherlands
Website
- Description: Provider of patented PET recycling technology using magnetic colloidal systems with nanoparticles to break down PET into reusable monomers and remove pigmentation, enabling high-quality, food-grade raw materials. Offers the Circular Solution, Denua with Koch Technology Solutions, a 10k ton Netherlands plant, licensing to global PET producers, and platform technology extendable to other plastics.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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PegEx
HQ: United States
Website
- Description: Provider of cloud-based environmental technology for the waste management industry, delivering the PegEx Platform and PegEx Lite to manage hazardous and non-hazardous waste. Offers document automation, manifest creation, job tracking, regulatory reporting, waste stream management, and inventory visibility. Services focus on compliance and risk mitigation, operational efficiency, cost reduction, and support for generators, brokers, haulers, and disposal facilities.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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c-trace
HQ: Germany
Website
- Description: Provider of advanced software-and-hardware solutions to digitize and improve waste management operations, including a telematics system to optimize logistical processes and c-detect, an AI-based computer vision system for contaminant detection.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Betterbin
HQ: United States
Website
- Description: Provider of a mobile app that delivers localized recycling and composting instructions via barcode scanning or search to help manage CPG packaging waste; customized community programs for municipalities; branded tools for subscription food scrap and yard waste; recycling solutions for short-term rentals and multifamily properties; and support for MRFs and organics processors.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Betterbin company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Worn Again Technologies
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Worn Again Technologies
2.2 - Growth funds investing in similar companies to Worn Again Technologies
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4 - Top valuation comps for Worn Again Technologies
4.2 - Public trading comparable groups for Worn Again Technologies
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