Fabric for zero-waste fashion 

Today, the fashion industry is responsible for 8-10% of global GHG emissions. Yet fewer than 1% of old clothes are recycled back into new clothes. 

Re:newcell is a Swedish cleantech company specialising in recycling clothes and textiles. 

Re:newcell’s innovation is a circular recycling system for fabric production. The resulting fibre, called Circulose, is made out of 100% recycled textiles, by processing them into a dissolving pulp. This dissolving pulp can be used to produce new clothes of the same quality and at the same price point. 

According to their own calculations, they could reduce global CO2 emissions by 161 million tons annually if their solution were being used on a larger scale. This is equivalent to the annual CO2 electrical emissions of almost 30 million homes. 

Category 

Other ways the fashion industry can eliminate waste include making use of dead stock, upcycling, using other types of recycled textiles like recycled cotton and recycled wool, and/or seeking out low-impact textile producers. 

Subcategory 

Due to the difficulty of separating fibers, blending and other technological challenges, recycled textiles are not yet commonly available. But there are a handful of other competing brands, such as NuCycl, Liva Reviva and Textloop. 

Thanks to solutions like Circulose, the fashion industry can eliminate the requirements of harvesting new raw materials to produce high-quality clothing. 

Re:newcell’s largest hurdle is that to have a larger impact, people need to start sorting trash (textiles) more efficiently. Starting in 2025, the EU will implement constraints related to having separate collectors for textiles. 

Starting in 2025, the EU will implement constraints related to having separate collectors for textiles. 

Re:newcell’s current partners include the world-leading H&M Group. 

Facts

Founded in: 2012
Founded by: KTH Scientists
CEO: Patrik Lundström
Headquarters: Stockholm, Sweden
Employees 2020/2021: 15/26
Listed on a Stock Exchange / Privately Owned Revenue 2020: 6.7 MSEK 

Visit the website of Re:newcell at: https://www. renewcell.com/en/

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With the Sustainability report, we want to recognise companies that not only have a great innovation or solution that has a significant impact on lowering CO2 emissions, but also have put in place measures to scale and commercialise.

The companies in the report have been thoroughly researched by the Megadeals team through interviews with highly ranked profiles within the organisations.

The key principle is that only when the great sustainability innovations scale and commercialise they can create a deep impact and the world a better place.

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