Innovation & Technology

SaXcell secures €4 mn funding to launch full-scale production plant for regenerated fibers

Published At: September 8, 2025

Dutch fiber tech company SaXcell has raised €4 million of a planned €5 million investment round. The funding will support a full-scale production plant and pulp development center, advancing circular textile solutions.

Figure: The financial support comes from SaXcell’s Turkish shareholders—Modeco Textile, Uğurlular Tekstil, and Selin Tekstil—
whose commitment to sustainability and circular textiles has played a pivotal role in moving the project forward.

The funding will allow SaXcell to transition from pilot-scale operations to industrial production, positioning Enschede as a hub for recycled fiber innovation. The initiative aligns with the company’s mission to scale circular textile solutions through its proprietary regenerated cellulose fiber technology.

The financial support comes from SaXcell’s Turkish shareholders—Modeco Textile, Uğurlular Tekstil, and Selin Tekstil—whose commitment to sustainability and circular textiles has played a pivotal role in moving 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,” said Erik van der Weerd, CEO of SaXcell.

SaXcell’s technology focuses on converting post-consumer and post-industrial cotton waste into regenerated cellulose fibers, providing a sustainable alternative to virgin cotton and synthetic materials. The upcoming facility will not only boost production capacity but also serve as a research and development center for pulp innovation, enhancing the company’s expertise in fiber recovery and circularity.

The announcement has generated excitement across the textile and sustainability sectors, with industry leaders recognizing SaXcell’s role in accelerating environmentally responsible manufacturing.

As global fashion brands and suppliers face growing 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 the construction and commissioning of the new plant.

Saxcell Fund
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