Texcycle Eood

What Texcycle Eood does

TexCycle is the commercial brand of Eurotex Ltd. (a Bulgarian EOOD private limited company), headquartered at 1 Neptun St, Varna, Bulgaria. The company provides an integrated suite of textile circular economy services: collection via public street bins and in-store retailer drop-off points, expert sorting (marketed with over 20 years of specialized experience), professional cleaning and repair, worldwide distribution of second-hand textiles into secondary markets, and in-house mechanical recycling for materials that cannot be reused. It also offers tailored retailer solutions for fashion brands seeking take-back and sustainability programs.

The platform architecture is operational rather than technological: physical collection infrastructure feeds an in-house sorting facility, with downstream offtake split between cleaning-and-repair, resale distribution, and mechanical recycling. TexCycle cites ISO certification, specialized sorting equipment, and legislative and policy engagement (including EU-funded projects) as quality and compliance differentiators. There is no public API, no software product, and no disclosed AI/ML capability; the core assets are logistics, sorting know-how, and downstream distribution relationships.

The business model is B2B service-based with sales-led GTM, targeting fashion retailers as the primary vertical alongside communities, NGOs, ESG-focused responsible companies, and recycling projects. Revenue streams derive from collection, sorting, cleaning and repair, distribution and resale, retailer solutions, and recycling services, with pricing handled through direct B2B quoting rather than public rate cards. Ownership is held by Eurotex Ltd., and the company operates as an independent brand under that parent with no disclosed external funding.

Name

Texcycle Eood

Legal name

Eurotex Ltd.

Website

https://texcycle.com

Company type

Private

Operating status

Operating

Short description

TexCycle is a Bulgarian textile circular economy service provider (brand of Eurotex Ltd., Varna) offering collection, sorting, cleaning and repair, distribution, recycling, and retailer solutions to fashion retailers, communities, NGOs, and ESG-focused companies.

Ownership category

akta.pro rank

Product category

Textile Recycling and Circular Economy Services

NAICS

Materials Recovery Facilities (562920), Recyclable Material Merchant Wholesalers (42393)

SIC

Apparel & Other Finishd Prods Of Fabrics & Similar Matl (2300), Textile Mill Products (2200)

akta.pro primary industry

Textile & Apparel Sorting/Recovery Facilities (EUAIADAJ)

akta.pro secondary industries

Repair, Refurbishment & Upcycling Services (Industrial Scale) (IMAOAMAK), Textile & Apparel Recycling and Sorting (Non-E-waste) (BPALADAL), Recycling, E-Waste & End-of-Life Takeback Programs (TLAAALAN)

Keywords

• Textile recycling services
• Textile collection solutions
• Circular economy textiles
• Textile sorting grading
• Retailer take-back programs

Headquarters

HQ city

Varna

HQ country

Bulgaria

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Textile Collection Services: Collection services diverting textiles from landfill through street bins and in-store collection points.
2. Sorting and Grading: Expert sorting services categorizing textiles by condition and type for optimal recovery pathways.
3. Cleaning and Repair: Value-add services extending textile lifecycle through professional cleaning and repair.
4. Distribution and Resale: Worldwide distribution channels for second-hand textiles to secondary markets.
5. Retailer Solutions: Comprehensive textile recovery programs for fashion retailers to meet sustainability goals.
6. Recycling Solutions: Mechanical textile recycling for materials that cannot be reused.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Texcycle Eood, operating commercially as TexCycle, provides end-to-end textile recovery services for fashion retailers, communities, NGOs, and other organizations. Its offerings span street and in-store textile collection, expert sorting and grading, cleaning and repair, worldwide distribution of second-hand textiles, mechanical recycling, and tailored retailer take-back and sustainability programs. The company leverages over 20 years of sorting expertise, ISO-certified processes, and in-house global distribution to divert textile waste from landfill.

Product overview

Texcycle Eood operates as a textile circular economy service provider, offering an integrated suite of six interconnected services: Collection (street bins and retail drop-off), Sorting (with over 20 years of expertise), Cleaning and Repair, Distribution (global secondary markets), Recycling Solutions (mechanical recycling), and Retailer Solutions. The company functions as a single platform delivering end-to-end textile recovery, enabling fashion retailers and communities to achieve circularity and sustainability goals.

Differentiator

Problem solved

Functional benefit

Products and services

• Collection Services Multiple textile collection channels including public street collection bins and retailer in-store collection solutions designed to divert textile waste from landfill. Targeted at municipalities, fashion retailers, and communities.
• Sorting Services Expert textile sorting and grading service with over 20 years of experience, specialized equipment, and quality control processes to categorize textiles by condition and type for optimal recovery pathways.
• Cleaning and Repair Services Advanced cleaning and repair services that remove stains, restore textiles, and keep clothing in circulation, extending product lifecycle before resale or recycling.
• Distribution Services In-house worldwide distribution of second-hand textiles to secondary markets, leveraging specific local market knowledge to maximize recovery value.
• Recycling Solutions Mechanical textile recycling solutions, delivered in-house and through recycling partners, providing the final recovery pathway for textile waste that cannot be reused.
• Retailer Solutions Comprehensive textile recovery programs for fashion retailers, including in-store collection bins and custom sustainability solutions to meet circularity and ESG goals.

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Two partnerships are on record, tiered core.

• European Textile Recycling IndustrycoreOthersActive member of European textile recycling associations, engaging in industry collaboration and policy development for textile circularity.
• International Textile Recycling AssociationscoreOthersParticipation in international textile recycling communities contributing to global circular economy initiatives.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Renewcell: Swedish fiber-to-fiber textile recycler producing dissolving pulp from used cotton textiles. Adjacent competitor at the recycling stage of TexCycle's value chain, with a more capital-intensive, technology-led model.
• Worn Again Technologies: UK-based chemical recycler of polyester and cotton from used textiles. Comparable end-goal of textile circularity but uses proprietary chemical technology rather than TexCycle's mechanical approach.
• Circ: US-based textile recycler using hydrothermal technology to separate and recover polyester and cellulose from blended fabrics. Emerging competitor targeting the same fiber-to-fiber value chain TexCycle serves.

Others

• Lenzing AG: Austrian manufacturer of cellulosic fibers including recycled-content fibers. Not a direct competitor but a key downstream buyer of recycled textile feedstock and a bellwether for fiber-to-fiber demand.

Direct peers

• Texaid: Swiss textile collector and sorter with container-based collection across Europe and grading for reuse/recycling. Closely comparable end-to-end operating model to TexCycle.
• Bank & Vogue Group: Global trader and distributor of second-hand clothing collected and graded in Europe, with sorting and downstream channels. Comparable to TexCycle's sorting-plus-worldwide-distribution model.
• I:CO (I:Collect): Global provider of take-back and collection programs for fashion retailers and brands, operating collection infrastructure and downstream sorting. Highly comparable to TexCycle's Retailer Solutions and collection business.
• SOEX Group: German-based textile recycling and sorting company with collection, sorting, and worldwide distribution of second-hand textiles. Direct competitor to TexCycle across the full service stack.

Regional players

• Sysav: Swedish municipal waste and recycling company that processes textiles among other streams. Comparable infrastructure and EPR exposure, but operates in Northern Europe rather than Bulgaria/CEE.

Broad incumbents

• Remondis Textile Recycling: German-headquartered waste and recycling incumbent with textile collection and sorting services across Europe. Overlaps with TexCycle in collection and sorting but offers a much broader waste portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/texcycle

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Texcycle Eood