Product Reports Resources Pricing Login Book a demo
COMPANY PROFILE

Worn Again

Explore full profile

A technology licensing company that is developing unique polymer recycling processes nvironmental benefits

Nottingham, United KingdomFounded 2005Energy
Valuation $100–250M Last recorded · 2022
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Worn Again and the history behind them.

About Worn Again

Worn Again Technologies is a chemical recycling company focused on the textile industry. It has developed a polymer recycling process that can separate, decontaminate, and extract polyester and cellulose from non-reusable textiles and PET plastics. This technology aims to put these raw materials back into the production supply chain as if they were virgin resources, supporting a circular economy.

The company was founded in 2005 by Adam Walker and Cyndi Rhoades. Initially, it began as an upcycling brand creating new products from discarded textiles. Cyndi Rhoades, with a background in the music and film industry, recognized the significant waste problem in textiles and steered the company towards developing a technological solution. Her vision was to create a scalable process to tackle end-of-life textiles. The company has since evolved from its upcycling origins to a technology-focused firm, attracting investment from major industry players like H&M and Kering.

The core of its business is its patented chemical recycling process. This process can handle mixed-fiber garments, which are traditionally difficult to recycle. It works by selectively dissolving polyester and cellulose, separating them from dyes and other contaminants. The output is polyester pellets and cellulosic pulp that can be used to create new yarn and fabrics. The business model involves licensing this technology to partners in the textile and plastic recycling industries, enabling them to build and operate plants that utilize the process. This approach is designed to accelerate the adoption of circular practices within the global textile supply chain.

Source: Dealroom company data

At a glance

Status
Closed
Founded
2005
Headquarters
Nottingham, United Kingdom
Employees
22
Open positions
None listed
Dealroom signal
0.0/100
Industry
Fashion, Energy
Sub-industry
Clean Energy
Sector
Energy, Recycling, Waste Reduction, Sustainable Development Goals, Advanced Materials, Climate Tech, Circular Economy, Woman Founder, UKis manufacturing, uk is8 advanced manufacturing
Business model
Manufacturing
Client focus
b2b

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCOther financing Oct 2022 $36M $146M Undisclosed ↗
EARLY VCOther financing Jun 2020 $8.8M $35M Sulzer · H&M CO:LAB ↗
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Growth signals

Worn Again website traffic

Latest recorded traffic for Worn Again is 490 monthly website visits, down 65% over the last three months. Worn Again's team grew 4.8% over the past year.

Latest monthly visits490 3-month web change-65% 1-year team growth+4.8%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

8 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • H&M CO:LAB

Series A3 investors entered at this stage

  • H&M
  • Future Tech Labs
  • Sulzer

Other known investors4 additional known investors

  • BioCity Glasgow | Pioneer Group
  • Fashion For Good
  • H&M Group Ventures
  • Unreasonable Group
Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
5 countries with
team presence
🇬🇧 United Kingdom68.8%
🇨🇭 Switzerland12.5%
🇮🇪 Ireland6.3%
🇩🇪 Germany6.3%
🇪🇸 Spain6.3%
5 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Worn Again on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

See Worn Again’s full profile on Dealroom

Request a free trial to see the complete deal history, financials, people graph and growth signals.

Takes under a minute. Already use Dealroom? Log in.