Dutch fiber technology company SaXcell has secured €4 million in funding, part of a planned €5 million investment. The funding will support the launch of a full-scale production plant and a pulp development center, marking a key step in advancing sustainable textile solutions.
The funding marks a pivotal moment for SaXcell, whose mission centers on scaling circular textile solutions through its proprietary regenerated cellulose fiber technology. The investment will enable the company to transition from pilot-scale operations to industrial production, positioning Enschede as a hub for recycled fiber innovation.
The financial backing comes from SaXcell’s Turkish shareholders—Modeco Textile, Uğurlular Tekstil, and Selin Tekstil—whose commitment to sustainable practices and belief in the future of circular textiles have been instrumental in driving the project forward.
This milestone brings us one step closer to realizing our vision of a closed-loop textile economy. With the support of our partners, we are building the infrastructure needed to transform textile waste into high-quality regenerated fibers at scale.
Erik van der Weerd, CEO of SaXcell
SaXcell’s technology focuses on converting post-consumer and post-industrial cotton waste into regenerated cellulose fibers, offering a viable alternative to virgin cotton and synthetic materials. The new facility will not only boost production capacity but also serve as a research and development center for pulp innovation, further enhancing the company’s capabilities in fiber recovery and circularity.
The announcement has sparked enthusiasm across the textile and sustainability sectors, with industry leaders recognizing SaXcell’s role in accelerating the shift toward environmentally responsible manufacturing.
As global fashion brands and suppliers face mounting pressure to reduce their environmental footprint, SaXcell’s expansion signals a promising future for scalable, science-driven textile recycling. The final €1 million of the investment round is expected to be secured in the coming months, paving the way for construction and commissioning of the new plant
