Clifford Chance has advised Resortecs, a Belgian scale-up active in sustainable textile recycling, on its first equity round.
Resortecs is an upcoming leader in the fashion-tech and circular textile industry. They have developed innovative solutions using heat-dissolvable stitching threads and thermal disassembly systems making recycling fast, easy and cost-efficient.
The first equity round was led by Brussels-based venture capital firms ScaleFund and finance&invest.brussels.
We are proud to work with Resortecs on this transaction supporting sustainable business practices. This latest transaction further strengthens Clifford Chance’s successful track record in advising scale-ups in the growth equity and ESG space.
The Clifford Chance team was led by counsel Patrice Viaene and associate Celine Feys. The team was further supported by associates Gills Waelkens, Louis De Meulemeester and Maxime Nyamabu.
