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SaXcell Secures €4 Million Investment to Build Circular Textile Plant in the Netherlands

SaXcell has reached a major milestone in its journey toward scaling circular textile production, securing €4 million of a planned €5 million investment to establish its production plant and pulp development center in Enschede, the Netherlands.

The investment comes with strong backing from Türkiye’s leading textile companies — Modeco Textile, Uğurlular Tekstil, and Selin Tekstil — who have committed to supporting SaXcell’s mission of advancing textile-to-textile recycling.

Earlier this week, SaXcell CEO Erik van der Weerd, CMO Suleyman Kocasert, and advisor Gerrit Bouwhuis met with the Turkish partners to finalize investment discussions. The new funding marks a significant step forward in SaXcell’s plan to industrialize its patented process for regenerating cotton waste into high-quality textile fibers.

“We are proud to work alongside partners and entrepreneurs who share our commitment to sustainability,” the company said in a statement. “Their belief in the future of textile-to-textile recycling brings us closer to realizing a circular future for the global textile industry.”

The Enschede facility will serve as both a production hub and innovation center, designed to accelerate the transition from pilot-scale operations to full commercial production. With this expansion, SaXcell aims to meet growing demand from global brands and manufacturers seeking sustainable alternatives that close the loop on textile waste.

By combining Dutch innovation with Turkish industry expertise, the partnership underscores a shared vision for circularity in textiles and sets a strong precedent for cross-border collaboration in building a greener textile future.

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