About Worn Again
Worn Again is a company based in London (United Kingdom) founded in 2005 by Cyndi Rhoades. Worn Again has raised $46.72 million across 3 funding rounds from investors including Sulzer and H&M Group Ventures. The company has 13 employees as of January 31, 2022. Worn Again offers products and services including Chemical Recycling Technology and Textile-to-Fibre Accelerator. Worn Again operates in a competitive market with competitors including MycoWorks, Newlight Technologies, Modern Meadow, Renewcell and Spiber, among others.
- Headquarter London, United Kingdom
- Employees 13 as on 31 Jan, 2022
- Founders Cyndi Rhoades
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Sectors
RetailEnvironment Chemicals & Materials
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Email
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Phone
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Website
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Social
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- Legal Name Worn Again Technologies Limited
- Date of Incorporation 11 Feb, 2009
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$46.72 M (USD)
in 3 rounds
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Latest Funding Round
$31.06 M (USD), Series C
Oct 07, 2022
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Investors
Sulzer
& 1 more
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Employee Count
13
as on Jan 31, 2022
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Products & Services of Worn Again
Worn Again offers a comprehensive portfolio of products and services, including Chemical Recycling Technology and Textile-to-Fibre Accelerator.
Processes textiles into new fibers to reduce waste in fashion.
Accelerates conversion of waste textiles into reusable materials.
People of Worn Again
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Funding Insights of Worn Again
Worn Again has successfully raised a total of $46.72M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $31.06 million completed in October 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Worn Again
Worn Again has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Sulzer and H&M Group Ventures.
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Venture capital fund investing in multiple sectors
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Manufacturer of industrial flow control and applicator equipment
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Investor details for Worn Again
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Investments & Acquisitions by Worn Again
Investment portfolio details for Worn Again
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Financial Statements - Worn Again
Detailed financials for Worn Again
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Worn Again Comparisons
Peer comparison for Worn Again
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Competitors of Worn Again
Worn Again operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MycoWorks, Newlight Technologies, Modern Meadow, Renewcell and Spiber, among others.
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Bio-based materials from mycelium are manufactured as sustainable leather alternatives.
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Provider of sustainable material using methane-based greenhouse gases
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Bio-fabricated leather products and accessories are provided online.
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Biodegradable fibres are produced from recycled cellulosic materials.
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Sustainable fabric materials are developed via microbial fermentation processes.
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Carbon-fibre induced materials are supplied for fashion applications.
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Detailed competitors of Worn Again
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Latest news on Worn Again
Complete news archive for Worn Again
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Frequently Asked Questions about Worn Again
Worn Again was founded in 2005 and raised its 1st funding round 13 years after it was founded.
Worn Again is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Cyndi Rhoades is the current CEO of Worn Again. They have also founded this company.
Worn Again is a funded company, having raised a total of $46.72M across 3 funding rounds to date.
As of Jan 31, 2022, the latest employee count at Worn Again is 13.
Worn Again was founded in 2005 in London, United Kingdom, focusing on circular recycling technology within the textiles sector. Old clothing and textiles are processed to extract raw materials, which are then reintegrated into new production cycles. Services are extended to clients such as HM, Sulzer, Directex, Qvartz, and Himes, supporting sustainable supply chain operations across the industry.
Worn Again's top competitors include MycoWorks, Lenzing and Newlight Technologies.
Worn Again offers Chemical Recycling Technology and Textile-to-Fibre Accelerator.
Worn Again has 2 investors. Key investors include Sulzer, and H&M Group Ventures.