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Founded Year

1947

Stage

Private Equity - II | Alive

Total Raised

$100M

Valuation

$0000 

Last Raised

$100M | 2 yrs ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-62 points in the past 30 days

About Recover

Recover is a materials science company that operates in the textile industry. The company's main service is transforming textile waste into sustainable recycled cotton fibers and blends, offering a sustainable solution to close the loop on fashion. Recover primarily sells to global retailers and brands, providing environmentally friendly, cost-competitive products. It was founded in 1947 and is based in Banyeres de Mariola, Spain.

Headquarters Location

Avda. Les Molines 2-4

Banyeres de Mariola, 03450,

Spain

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ESPs containing Recover

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Consumer & Retail / Fashion Tech

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 12 other companies, including SUEZ - Recycling and Recovery U.K., Circ, and Infinited Fiber.

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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.

Expert 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.

U

Unicorns- Billion Dollar Startups

1,244 items

Latest Recover News

Coveris and Interzero partner to bolster circular economy initiatives

Jun 18, 2024

Interzero will supply sorted materials to Coveris' ReCover facilities for mechanical recycling. June 18, 2024 The recycled resins will be incorporated into a range of Coveris’ packaging products. Credit: Coveris/Interzero. Coveris, a global packaging manufacturer, has formed a strategic partnership with environmental service provider Interzero to bolster circular economy initiatives. Recommended Buyer's Guides Go deeper with GlobalData Coveris has reportedly made significant progress with its No Waste vision, particularly through the introduction of ReCover, a process of recycling waste to promote a circular economy for plastics. Coveris CEO Christian Kolarik said: “We are excited about this partnership with Interzero as it aligns perfectly with our No Waste vision. By integrating well-sorted post-consumer waste into our recycling processes, we are taking a significant step towards completely closing the loop.” In June last year, Coveris opened a ReCover recycling facility in Lincolnshire, UK, for printed polyethylene film recycling. See Also: How well do you really know your competitors? Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge. Not ready to buy yet? Download a free sample We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form By GlobalData Submit Submit and download Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address. The resins produced through this collaborative work will then be incorporated into a range of Coveris’ packaging products, including its Duralite R collation films. The partnership is poised to create a competitive edge in the value chain, contributing to key sustainability objectives such as waste prevention, carbon dioxide footprint reduction, securing of raw materials, and compliance with governmental packaging and waste directives. Interzero CEO Jan Kroker said: “Collaborating with Coveris allows us to leverage our expertise in waste collection and sorting to support the creation of high-quality recycled resins. Together, we can make a substantial impact on reducing waste. The circular economy is a joint project that benefits everyone. We are shaping the circular economy of tomorrow – for a world without waste.” Interzero, renowned for its expertise in closing product, material, and logistics loops, operates with the largest sorting capacity in Europe and has approximately 2,000 employees. Sign up for our daily news round-up! Give your business an edge with our leading industry insights.

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 Sortile and 4 more.

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Compare Recover to Competitors

P
Phoenxt

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.

Z
Zori Tex

Zori Tex eliminates textile waste from landfills and incineration through technological innovation. Its solution unlocks the value of circular textiles, enabling the new textile-to-textile recycling market to rapidly scale. Its solution uses AI-driven vision to optimize sorting textile waste by fiber type, integrated with a traceability platform, trading, and data analytics. It was founded in 2022 and is based in London, United Kingdom.

Sortile Logo
Sortile

Sortile focuses on advancing the fashion industry by providing technology for textile recycling within the circular economy domain. The company offers solutions for the identification, sorting, and traceability of textiles, aiming to maximize the recovery of valuable materials and enhance the connectivity of the value chain. It primarily serves sectors involved in textile waste management and recycling. The company was founded in 2021 and is based in Scarsdale, New York.

E
EON.ID

EON-ID develops a global system for textile recycling. It is powered by the internet of things, advancing the circular economy for the entire fashion industry. It is a system for transforming old clothes into new garments. It was founded in 1989 and is based in London, United Kingdom.

Rester Logo
Rester

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.

C
CYCLO Recycled Fibers

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.

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