Company Overview
Snapshot
Founded in October 2022 by Jack Weichslebaum, Lee Cohen, Ariel Yedvab, and Moshe Cohen, TextRe operates with 1–10 employees. The company has raised $250,000 across one funding round. In March 2023, TextRe secured a grant from the Israel Innovation Authority.
Business overview
TextRe specializes in processing mixed synthetic textile waste into high-performance engineering polymers for industrial plastic applications. The company utilizes a patent-pending mechanical method to convert synthetic textile waste streams into recycled pellets and compounds compatible with standard extrusion and injection molding technologies. This process offers a functional alternative to virgin fossil-fuel-based resins, maintaining the performance characteristics required for technical manufacturing. The resulting sustainable compounds are engineered for use in the automotive, consumer goods, and home appliance sectors, promoting a circular economy by leveraging existing industrial infrastructure for scalable transition to recycled materials.
Company Intelligence Q&A
- What is TextRe's core technology?
- TextRe's core technology involves a patent-pending mechanical method to process mixed synthetic textile waste into high-performance engineering polymers. These polymers are then converted into recycled pellets and compounds suitable for standard extrusion and injection molding in industrial plastic applications.
- Which industries does TextRe's technology serve?
- TextRe's sustainable compounds are engineered for use in the automotive, consumer goods, and home appliance sectors, providing an eco-friendly alternative to fossil-fuel-based resins.
- When was TextRe founded and by whom?
- TextRe was founded in October 2022 by Jack Weichslebaum, Lee Cohen, Ariel Yedvab, and Moshe Cohen.
- What is TextRe's approach to sustainability?
- TextRe addresses environmental challenges by reducing textile waste in landfills, preventing microplastic contamination, and decreasing soil pollution. The company transforms this waste into new, sustainable materials, promoting a circular economy by replacing less sustainable resources in various industries.
- Has TextRe received any grants?
- In March 2023, TextRe secured a grant from the Israel Innovation Authority.