Founded Year

1947

Stage

Private Equity - II | Alive

Total Raised

$100M

Valuation

$0000 

Last Raised

$100M | 3 yrs ago

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

+124 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.

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 11 other companies, including SUEZ - Recycling and Recovery U.K., Circ, and Far Eastern New Century Corporation.

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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

1,276 items

Latest Recover News

Recover and TextileGenesis pilot recycled cotton traceability

Jun 4, 2025

Business Spanish firm Recover is a producer of recycled cotton. Credits: Recover Spanish recycled cotton producer, Recover, launched a pilot with TextileGenesis, the French traceability platform owned by technology company Lectra. Together, they tested how recycled cotton and polycotton fibres from Recover could be digitally tracked from fibre to finished product. Thanks to Fibercoin technology, each kilogram of material received a unique digital token that recorded its origin. Summary Recover partnered with TextileGenesis to test the traceability of recycled cotton and polycotton fibres using digital tokens. This pilot aligns with GRS certification and upcoming EU legislation, such as the Digital Product Passport, which supports circularity claims. Recover and TextileGenesis are exploring the potential for broader application of this traceability technology within the global supply chain. This partnership is in line with GRS certification and upcoming legislation such as the EU Digital Product Passport. ‘Traceability plays a crucial role in substantiating circularity claims and preparing for regulations,’ said Orsolya Janossy, senior sustainability manager at Recover. Recover and TextileGenesis are exploring opportunities for wider application of this technology across the global supply chain. Recover was founded in 1914 in Spain as a textile company. Since 1947, the company has been processing textile waste into yarns. The company is currently backed by investors such as Goldman Sachs and Fortress Investment Group, and has previously collaborated with fashion companies such as Primark and C&A. TextileGenesis was founded in 2018 by Amit Gautam. The company enables fashion brands and sustainable textile producers to digitally track textiles, from fibre to retail. Last month, Gautam was appointed to the executive committee of parent company, Lectra. TextileGenesis’ clients include Kering, H&M, and Ermenegildo Zegna. This article was translated to English using an AI tool. FashionUnited uses AI language tools to speed up translating (news) articles and proofread the translations to improve the end result. This saves our human journalists time they can spend doing research and writing original articles. Articles translated with the help of AI are checked and edited by a human desk editor prior to going online. If you have questions or comments about this process email us at info@fashionunited.com Circularity

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 5 more.

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Compare Recover to Competitors

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.

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.

N
NuCycl

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.

Rubi Laboratories Logo
Rubi Laboratories

Rubi Laboratories operates as a symbiotic manufacturing company in the textile industry. The company's main service involves the creation of natural textiles from carbon emissions, a process that removes carbon dioxide (CO2) from the atmosphere and uses virtually no water or land. These textiles are primarily sold to the fashion industry. It was founded in 2020 and is based in Alameda, California.

K
Kleiderly

Kleiderly is a company focused on reducing the fashion industry's carbon footprint by offering sustainable plastic alternatives made from recycled textile waste. Their main service involves a patent-pending process that transforms unwanted textiles into new materials, which can be used to manufacture products such as eyewear and clothing hangers. This innovative approach not only diverts textiles from landfills but also reduces the reliance on oil-based plastics. It was founded in 2019 and is based in Berlin, Germany.

N
Nilmore

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.

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