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Germany’s eeden, a startup specializing in chemical textile recycling, has raised €18 million in Series A funding to scale its proprietary technology and build a demonstration plant in Münster. The round was led by Dutch life sciences investor Forbion, with participation from Henkel Ventures, NRW.Venture, and existing backers including D11Z. Ventures — the early-stage investment arm of the Schwarz family office.
Founded in 2019, eeden recycles cotton-polyester blends into high-quality cellulose and PET monomers, enabling the production of virgin-grade textile fibers such as lyocell and polyester. The company positions itself at the intersection of regulatory pressure, growing waste volumes, and rising demand for circular materials at industrial scale.
The involvement of the Schwarz family office aligns with the broader circular economy strategy of the Schwarz Group, whose environmental unit, PreZero, plays a growing role in waste collection and recycling across Europe. The group’s “Road to Zero Waste” initiative has prioritized closed-loop solutions across packaging and, increasingly, textiles. In March, D117 has already participated in doinstruct’s €16.5M Series A, underlining the active role of the Schwarz family office in the German venture capital landscape.
With EU regulations mandating separate textile collection as of 2025, eeden’s technology may offer a timely industrial solution to a structural problem in the fashion and waste sectors, which offers a promising investment opportunity for family offices, like in this deal.
Source: d11z
Picture Source: Getty Images (Unsplash+)
Last Updated on April 29, 2025