
Recover
Founded Year
1947Stage
Private Equity - II | AliveTotal Raised
$100MValuation
$0000Last Raised
$100M | 3 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-73 points in the past 30 days
About Recover
Recover is a materials science company that produces recycled cotton fiber for the fashion industry. The company transforms textile waste into cotton fibers and blends, which are used to create garments. Recover serves the fashion industry with textile solutions. It was founded in 1947 and is based in Banyeres de Mariola, Spain.
Loading...
ESPs containing Recover
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The textile sorting & recycling tech market offers solutions for addressing textile waste. These solutions use advanced technologies and automation to efficiently sort and process different types of textiles based on their material composition, color, quality, and condition for recycling purposes. This helps players in the textile industry reduce their reliance on raw materials, minimize waste gen…
Recover named as Leader among 11 other companies, including SUEZ - Recycling and Recovery U.K., Circ, and Far Eastern New Century Corporation.
Loading...
Research containing Recover
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Recover in 2 CB Insights research briefs, most recently on Sep 14, 2023.

Sep 14, 2023
The circular economy in retail market map
Jul 26, 2023
The fashion supply chain sustainability market mapExpert Collections containing Recover
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Recover is included in 1 Expert Collection, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,257 items
Latest Recover News
Dec 3, 2024
December 03, 2024,Madrid, Spain : Recover™, the leading global producer of recycled cotton fiber and cotton fiber blends, today announced the opening of its latest manufacturing facility in Vietnam, marking a significant milestone in the company’s global expansion plan. The facility is set to be operational by early 2025, and by pioneering its large-scale recycling technology, Recover™ aims to enable large scale sustainability in the growing Vietnamese textile production market. Situated in the Dong Nai province, the factory’s location was strategically chosen due to Vietnam’s significant role in the global textile industry as the third-largest textile exporter worldwide. With this new facility, Recover™ positions itself close to both textile waste sorting and manufacturing operations, reducing the costs and footprint tied to shipping. It also enables Recover™ serve as a true global partner for the industry’s demands, supplying brands in all major textile production markets with timely and efficient access to its materials. Spanning nearly 14,000m2, the factory will feature Recover’s highly optimized recycling technology and initially operate with two state-of-the-art recycling lines, providing an annual production capacity of 10,000 MT. It will also include a dedicated Recover™ laboratory, to maintain a consistent high-quality product across all facilities and a constant evolution in both product and process. One of the facility’s primary products will be RMix, Recover’s recycling solution for cotton-polyester blends. This pioneering process eliminates the need to separate fibers, overcoming a long-standing industry challenge in polycotton recycling and offering a significant sustainable advantage in terms of energy efficiency. “Our expansion into Vietnam is a crucial step in our strategic business plan,” said Anders Sjöblom, CEO at Recover™. “Circularity is currently an underutilized tool for the Vietnamese textiles industry, and by bringing our advanced technology to a key textile hub, we are not only enhancing how we serve our customers by expanding our global manufacturing footprint but also creating a positive shift towards circularity in Vietnam.” Recover™, headquartered in Spain, first expanded its operations with a second manufacturing facility in Bangladesh in 2022. This latest facility in Vietnam represents the next step in the company’s ambitious expansion plans, aiming to expand to new global markets to meet the growing demand for recycled materials from brands and retailers worldwide. With a reputation built on trust, sustainability and technological excellence, Recover™ is elevating the industry standard—one facility at a time.
Recover Frequently Asked Questions (FAQ)
When was Recover founded?
Recover was founded in 1947.
Where is Recover's headquarters?
Recover's headquarters is located at Avda. Les Molines 2-4, Banyeres de Mariola.
What is Recover's latest funding round?
Recover's latest funding round is Private Equity - II.
How much did Recover raise?
Recover raised a total of $100M.
Who are the investors of Recover?
Investors of Recover include STORY3 Capital Partners and Goldman Sachs Asset Management.
Who are Recover's competitors?
Competitors of Recover include Rester and 4 more.
Loading...
Compare Recover to Competitors
NuCycl is a technology platform that converts pre- and post-consumer textile waste materials into new fiber. Its product, NuCycl r-Lyocell, is made from cotton-rich textile waste and can be recycled and transformed into new fiber and fabric over and over again. The company is based in Seattle, Washington.

Rester is a Finnish company that focuses on the recycling and recovery of business textiles, operating within the waste management and recycling industry. The company's main service involves transforming textile waste, such as end-of-life garments, uniforms, and linens, into new fiber and high-quality raw material. This recycled material can then be used in the production of various products, including yarn, fabric, insulation, and acoustic panels. Rester primarily serves businesses that produce textile waste or can utilize recycled fiber in their production processes. It was founded in 2019 and is based in Helsinki, Finland.
Reco Fibre focuses on reducing the environmental impact of the fashion industry by engaging in sustainable textile production. The company produces fabrics from natural, recycled materials using a textile-to-textile recycling model, transforming old garments into new textiles for clothing production. Reco Fibre primarily serves the fashion industry, supporting brands in adapting to consumer demands for sustainable and climate-conscious production. It was founded in 2022 and is based in Krakow, Poland.
CYCLO Recycled Fibers is a company focused on sustainable textile production. The company's main service is the transformation of textile waste from garment manufacturers into new fibers and yarns, without the use of water, chemicals, or dyes. These recycled fibers are primarily sold to major international apparel brands. It was founded in 2009 and is based in Dhaka, Bangladesh.
Nilmore focuses on circular clothing within the sustainable fashion industry. The company provides circular textiles made from materials aimed at reducing environmental impact, enabling consumers to dress in a sustainable manner. Nilmore's products are designed to be returned and recycled into new garments. It was founded in 2021 and is based in Ostrava, Czech Republic.
Phoenxt is a company focused on textile recycling, operating within the waste management and fashion industries. The company's main service involves the use of innovative technology to recycle textile waste into new, usable fabrics. This service primarily caters to the fashion industry, textile manufacturers, and textile recyclers. It was founded in 2018 and is based in Berlin, Germany.
Loading...