UsedFULLY changes tack and looks to Europe for commercial growth

The technology has proven itself in the field, or rather the road. (Image: UsedFULLY)

Wed, 05 Mar 2025

Cleantech startup UsedFULLY is moving into commercial operations after signing an exclusive global licence to use Scion Research’s fibre-processing technology for textile recycling.The deal marks a shift in strategy for the Wellington-based company, which had been planning to raise $3 million to build its own pilot manufacturing plant. It is now working on a smaller $250,000 capital raise to enter the European market.The agreement with Scion means UsedFULLY can take the technology worldwide and allow global partners to manufacture under l...

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