What do you think of when you think of sustainability, environmental protection and the circular economy? Most people certainly think of air and road traffic, energy management, building renovations or vegan lifestyles.
What many people don’t realize is that millions of tons of old clothes end up in our oceans, forests and as waste gas in our atmosphere every year, not in 2nd-hand stores, due to “trends” such as fast fashion. At the same time, cotton farming destroys soils, consumes vast amounts of water and takes up land for food cultivation. Cotton agriculture has now reached its peak.
Luckily, there are startups like EEDEN that will use innovative recycling processes to turn trash back into high-quality clothing for millions of people. We are incredibly proud to have you in our portfolio and to be able to help shape this journey. In the interest of all of us – good luck and keep up the good work, Reiner Mantsch, Steffen Gerlach and team!
Many thanks also to our co-investors High-Tech Gründerfonds with Dr. Nik Raupp and Markus Hölzl, who believe in this story and dare to invest in a startup that will build plants and move millions of tons of old clothes.
Click here for the press release: https://bit.ly/3Ohamsq
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