Swiss Startup GR3N Raises €15.5 M to Build First Microwave PET Recycling Plant

Swiss clean‑tech startup GR3N secured €15.5 million in funding. The capital will be used to construct the world’s first microwave‑based PET recycling facility. The technology aims to break down PET waste more efficiently than conventional methods. GR3N targets the 85 percent of plastic that currently remains unrecycled. Investors are backing the project for its potential environmental impact. The plant is planned to demonstrate scalable, low‑energy recycling. Successful deployment could reshape plastic‑waste management globally. The company will begin site selection and engineering work in the coming months.