Tyton BioSciences is getting $8 million from four companies investing in its technology that recycles textiles for making clothing.

The company, located in the Dan River Business Development Center at 300 Ringgold Industrial Parkway, takes discarded clothing and breaks it down to its building blocks so it can be made into new clothing.

“We do that by using our proprietary technology to convert waste textiles into pulp and polyester monomers [building blocks] for fiber and yarn manufacturers to make new yarn,” said Tyton CEO Peter Majeranowski. Read More