Tech Company Financing Transactions
Renasens Funding Round
Renasens, operating out of Stockholm, received $11.5 million from Extantia Capital, Course Corrected VC and Norrsken Foundation.
Transaction Overview
Company Name
Announced On
3/25/2026
Transaction Type
Venture Equity
Amount
$11,500,000
Round
Seed
Investors
Proceeds Purpose
The funding will support the development of a pilot plant in Borås, Sweden, and enable the company to begin supplying recovered fibres directly into European manufacturing.
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
Birger Jarlsgatan 57 C
Stockholm, 113 56
Sweden
Stockholm, 113 56
Sweden
Phone
Undisclosed
Website
Email Address
Overview
Our mission: make textiles circular. Make impact scalable. Textile waste is one of the largest waste streams - yet most textiles still end up incinerated or landfilled because recycling is too complex, too costly, or delivers inconsistent output. Renasens exists to change that. Our mission is to unlock circular textiles by turning blended waste into high-quality fibers through our proprietary and waterless process that preserves fiber integrity. Our technology is built to scale. Through a modular set-up we are working directly with the supply chain to ensure seamless integration and maximal impact - so circularity becomes the default, not the exception.
Management Team
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