The Dutch clean-tech start-up Healix has secured funds totalling over 10 million Euros in its seed financing round completed at the beginning of September. The funding follows Healix’ announcement earlier this year to build a factory in Maastricht, the Netherlands to shred, wash and reprocess used twines, ropes, nets, and other plastic fibre waste from farming and fishing into pristine circular polymers for the global manufacturing supply chain. The production facility is expected to be operational in the first quarter of 2022. It has an annual capacity of 6.000 metric tons of polypropylene (PP) and high-density polyethylene (HDPE), saving almost 10.000 metrics tons of CO2 emissions per year.