GR3N Secures €15.5 Million Series B to Build First Microwave‑Assisted PET Recycling Plant in Spain

Swiss startup GR3N announced the closing of a €15.5 million Series B round. The funding will be used to construct a new PET recycling facility. The plant will employ microwave‑assisted technology. It will be located in Spain, marking a first for this method. GR3N aims to improve plastic waste processing efficiency. Investors see the project as a breakthrough in circular economy. The announcement was reported by EU‑Startups. The company plans to begin construction later this year.