About VP Capital

Our mission for positive impact is deeply rooted in our history. Explore how our current strategy and sustainability efforts have grown from this legacy.

Team

The strength of our company hinges on its team. They are the people propelling our mission to foster a more sustainable planet and society.

Philanthropy

Find out how we unlock the transformative potential of charity, through a multifaceted donation strategy.

Our background

Our roots date back more than 150 years. Discover our journey from family business to family office.
Backing the future of polyester recycling

Backing the future of polyester recycling

VP Textile and VP Capital invest in GR3N's innovative polyester recycling technology

4 July, 2026 - The textile industry faces a growing challenge. Much of today's textile waste still ends up being downcycled, incinerated or sent to landfills, even as demand for recycled materials increases. In particular, polyester - one of the world's most widely used textile fibres - remains difficult to recycle into new textile fibres of comparable quality especially in textile-to-textile recycling applications.

Addressing this challenge requires new technologies that can keep valuable materials in circulation without compromising performance, safety, or quality. This is exactly what GR3N is working on.

To support the further development of this solution, VP Textile and VP Capital joined forces in a new investment round forGR3N, alongside 360 Capital, CDP Venture Capital, and Armor Group. Growth Capital acted as a financial adviser to GR3N.

Jeroen Heine (VP Capital), Maurizio Crippa (Gr3n), Michel Meerkerk (VP Capital) and Alexander van Dam (VP Textile)
Jeroen Heine (VP Capital), Maurizio Crippa (Gr3n), Michel Meerkerk (VP Capital) and Alexander van Dam (VP Textile)

 High-quality polyester recycling

GR3N is developing an innovative chemical recycling process that enables polyester from post-consumer textile waste to be broken down into its original building blocks. These building blocks can then be purified and reused to produce new polyester with the same quality and performance characteristics as virgin material.

A key advantage of the process is its ability to remove contaminants that are often difficult to eliminate using conventional recycling methods. This creates opportunities for recycled polyester to be used in demanding applications where quality, durability and safety are essential, such as professional workwear.

“The need for circular solutions is increasing yet the quality of post-consumer textile feedstocks often remains insufficient for high-value applications. This highlights the need for technologies that can recover materials at a quality level suitable for repeated use.”

- Kees Timmermans, Textile Innovator at VP Textile

For VP Textile and VP Capital, the investment reflects a shared belief that the future of textiles depends on scalable circular solutions that keep high-quality materials in the value chain for longer.

Backing the future of polyester recycling

Related articles