Tech Company Financing Transactions
Recover Funding Round
Recover closed a $100 million funding round on 6/9/2022. Backers included Goldman Sachs and STORY3 Capital Partners.
Transaction Overview
Company Name
Announced On
6/9/2022
Transaction Type
Venture Equity
Amount
$100,000,000
Round
Undisclosed
Investors
Goldman Sachs (Lead Investor) (Letitia Webster)
STORY3 Capital Partners (Ben Malka)
Proceeds Purpose
Recover will use the investment to accelerate its global expansion and production capacity, allowing more rapid adoption of sustainability initiatives by leading brands and retailers
Company Information
Company Status
Private & Independent
Industry
Advanced Materials
Mailing Address
Les Molines, 2
Banyeres de Mariola, 03450
Spain
Banyeres de Mariola, 03450
Spain
Phone
Website
Email Address
Not Recorded
Overview
Recover� is a leading materials science company and global producer of low-impact, high-quality recycled cotton fiber and fiber blends. We have perfected the art and science of handcrafting sustainable recycled cotton fiber over 70+ years across four generations of family in Spain. Today, we offer a scale solution to transform textile waste into low-impact, high-quality sustainable recycled fiber. We are on a mission to help create a sustainable future by solving one of the world's biggest environmental issues.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Benjamin Malka
Chief Executive Officer
Alfredo Ferre
Chief Financial Officer
Bryan Timm
VP - Bus. Development
Alejandro Noya
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