Lugano’s GR3N closes €15.5 million Series B to build the world’s first microwave-assisted PET recycling plant in Spain

EU-Startupsby Rahul RajJune 5, 2026startups

GR3N, a Lugano-based CleanTech company specialising in PET/ polyester plastics and fibres recycling, has closed a €15.5 million Series B round to accelerate the construction of MODUS, the world’s first industrial plant based on microwave-assisted depolymerisation technology. The round was led by 360 Capital, a Franco-Italian VC firm investing in DeepTech and ClimateTech, with the […] The post Lugano’s GR3N closes €15.5 million Series B to build the world’s first microwave-assisted PET recycling

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#negative #Funding #Switzerland-Startups #360 Capital #Alessandro Zaccaria #Chevron #climatetech #deeptech #GR3N #Intecsa Industrial

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Lugano’s GR3N closes €15.5 million Series B to build the world’s first microwave-assisted PET recycling plant in Spain

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