About NewRetex

NewRetex was founded by Rikke Bech and Morten Balle. Rikke has extensive experience in the textile industry. She recognized the potential in the amount of clothing being produced, sold, and then discarded after only a few uses. While clothing often loses its perceived value after purchase, up to 60% of it can be recycled.

Since all recycling technologies require sorted input, the idea to develop a state-of-the-art sorting facility was born. At the same time, new regulations were being introduced, promoting a circular economy in the textile sector

It all began with an idea back in 2020. The corona pandemic had us at home— my husband, our three kids, and me — giving me time to ponder things. With a background in design and a lifelong career in the textile industry, my love for clothing was undeniable.

As I reflected, one aspect that struck me profoundly was the immense energy invested in creating a collection, in crafting a piece of clothing. The countless individuals involved, from the designer to the pattern maker, seamstress, knitter, and many more. 

Moreover, collections often circulate globally, consuming vast resources, only for the product to lose its value shortly after being sold. A garment that has passed through numerous hands, utilized numerous resources, worn so few times, only to end up as waste.

During this contemplative time, an idea struck me—an idea to recycle discarded textiles into clothing once again. I delved into the possibilities of recycling, and a common requirement stood out: the need for a well-sorted input, precisely sorted.

The next thought was clear—I wanted to build such a sorting system. The idea resonated deeply, and with the help of a team of skilled individuals, a long process began. In 2022 our first pilot sorting system was ready! It's the only one of its kind, developed in Denmark. Automated with comprehensive data collection, this technology holds immense potential not just in Europe but possibly worldwide.

We have ambitious plans for the future.

Rikke Bech, founder and CEO of NewRetex

NewRetex has developed the world's first fully automated textile sorting facility with a traceability system - which means that we specialize in the automatic sorting of textiles and recycling in a circular system.

Our mission is to be market leader of sorting technology for textile and create valuable resources through innovative and advanced sorting technology. This will contribute to the reduction of waste and a more circular future for the textile industry, which meets the upcoming EU regulatory requirements.

NewRetex was created with the desire for change through technological development, where artificial intelligence, robots, data collection, traceability and sensors are part of future production – our future.

1. NewRetex is on a mission to revolutionize the global textile industry by driving growth in sorting and circular solutions. We are actively seeking investors who share our vision and want to be part of this transformative journey.

2. This is more than an investment—it's an opportunity to align with the future of the industry. In light of the forthcoming EU legislation circularity, NewRetex is uniquely positioned to lead the way by innovative sorting and data technology.

3. By partnering with us, you’ll secure a stable supply of recycled fibers and making a significant impact on the textile industry’s footprint. Moreover, as an investor in NewRetex, you gain exclusive access to our patented, cutting-edge textile sorting technology