New and recently funded Recycling Startups
1
Country: Netherlands | Funding: $35.4M
The Ocean Cleanup is an international nonprofit project developing and implementing ocean plastic removal technologies. The company conducts expeditions to plastic accumulations in oceans and rivers (particularly to the Great Pacific Garbage Patch) and collects the plastic using its technology. Using computer modeling, the company predicts the locations of plastic hotspots and deploys cleanup systems - a massive net hold by multiple vessels - in these areas. Once filled with plastic, the containers are returned to shore for recycling and the production of sustainable products. The company has also developed a multi-layer research trawl, allowing for simultaneous exploration of 11 water layers at a depth of five meters below sea level.
The Ocean Cleanup is an international nonprofit project developing and implementing ocean plastic removal technologies. The company conducts expeditions to plastic accumulations in oceans and rivers (particularly to the Great Pacific Garbage Patch) and collects the plastic using its technology. Using computer modeling, the company predicts the locations of plastic hotspots and deploys cleanup systems - a massive net hold by multiple vessels - in these areas. Once filled with plastic, the containers are returned to shore for recycling and the production of sustainable products. The company has also developed a multi-layer research trawl, allowing for simultaneous exploration of 11 water layers at a depth of five meters below sea level.
2
Country: UK | Funding: €172.5M
CIRCTEC is an innovator and operator of pyrolysis technology to recycle waste into renewable fuels and circular chemicals.Circtec uses pyrolysis technology to convert waste tires into renewable fuels and chemical products. The company's solution decomposes old tires through a thermal decomposition process in an oxygen-free environment and then converts the products into high-quality recycled chemicals and environmentally friendly marine fuel, naphtha for the responsible production of plastics, polymers, and chemicals, and carbon black for use in new tires, rubber and plastics production. The company has two factories in the UK and the Netherlands. Their production processes are focused on energy efficiency and emissions control.
CIRCTEC is an innovator and operator of pyrolysis technology to recycle waste into renewable fuels and circular chemicals.Circtec uses pyrolysis technology to convert waste tires into renewable fuels and chemical products. The company's solution decomposes old tires through a thermal decomposition process in an oxygen-free environment and then converts the products into high-quality recycled chemicals and environmentally friendly marine fuel, naphtha for the responsible production of plastics, polymers, and chemicals, and carbon black for use in new tires, rubber and plastics production. The company has two factories in the UK and the Netherlands. Their production processes are focused on energy efficiency and emissions control.
3
Country: USA | Funding: $680.6M
Workiva develops cloud-based AI platform for data-driven financial, risk and sustainability management. It integrates sustainability data from various sources to stay ahead of regulatory requirements and minimize risks. It also enables effective sustainability management by integrating financial and non-financial data into single core control environment. This enables compliance with the highest levels of regulatory oversight and external audit. The system enables corporations to align your sustainability strategies with mandatory and voluntary standards, identify critical risks and opportunities, and report on Scope 1, 2, and 3 emissions. It also enables to track changes in legislation, including the International Sustainability Standards Board and the Corporate Sustainability Reporting Directive.
Workiva develops cloud-based AI platform for data-driven financial, risk and sustainability management. It integrates sustainability data from various sources to stay ahead of regulatory requirements and minimize risks. It also enables effective sustainability management by integrating financial and non-financial data into single core control environment. This enables compliance with the highest levels of regulatory oversight and external audit. The system enables corporations to align your sustainability strategies with mandatory and voluntary standards, identify critical risks and opportunities, and report on Scope 1, 2, and 3 emissions. It also enables to track changes in legislation, including the International Sustainability Standards Board and the Corporate Sustainability Reporting Directive.
4
Country: USA | Funding: $302.5M
American Battery Technology Company implements a closed-loop battery recycling system that separates and recovers critical materials from end-of-life batteries, purifying these metals to the same or even higher quality than traditional primary mining materials. Instead of using brute-force methods, such as placing batteries in high-temperature furnaces and shredding systems, ABTC developed an automatic deconstruction process combined with a targeted, melt-free hydrometallurgical method that allows battery packs to be deconstructed into modules, modules into cells, cells into cell components and then sorts these cell components. This results in reduced waste, higher material recovery rates and quality. The company also operates sustainable lithium production facility in Tonopah Flats.
American Battery Technology Company implements a closed-loop battery recycling system that separates and recovers critical materials from end-of-life batteries, purifying these metals to the same or even higher quality than traditional primary mining materials. Instead of using brute-force methods, such as placing batteries in high-temperature furnaces and shredding systems, ABTC developed an automatic deconstruction process combined with a targeted, melt-free hydrometallurgical method that allows battery packs to be deconstructed into modules, modules into cells, cells into cell components and then sorts these cell components. This results in reduced waste, higher material recovery rates and quality. The company also operates sustainable lithium production facility in Tonopah Flats.
5
Country: Malaysia | Funding: $MYR2M
Klean is a digital container deposit system, encouraging consumers to recycle their empty plastic containers.
Klean is a digital container deposit system, encouraging consumers to recycle their empty plastic containers.
6
Country: USA | Funding: $176.6M
Circ recycles discarded clothing to produce the basis of petroleum- and plant-based fabrics. The startup has figured out how to chemically separate blended fabrics into their original components without destroying either fiber. It recycles cotton, poly-cotton, polyester, nylon using water as a solvent. This makes the tech a clean and economical alternative in the recycling industry. Circ’s dissolving pulp and petroleum monomers can be sold at the same cost as virgin materials to manufacturers who make fibres. The company operates industrial-sized textile-to-textile recycling plants in US and France. Allbirds, Zara, and H&M are incorporating Circ-recycled textiles into their product lines, despite a small price premium.
Circ recycles discarded clothing to produce the basis of petroleum- and plant-based fabrics. The startup has figured out how to chemically separate blended fabrics into their original components without destroying either fiber. It recycles cotton, poly-cotton, polyester, nylon using water as a solvent. This makes the tech a clean and economical alternative in the recycling industry. Circ’s dissolving pulp and petroleum monomers can be sold at the same cost as virgin materials to manufacturers who make fibres. The company operates industrial-sized textile-to-textile recycling plants in US and France. Allbirds, Zara, and H&M are incorporating Circ-recycled textiles into their product lines, despite a small price premium.
7
Country: USA | Funding: $377.4M
Cirba Solutions provides battery recycling services. It handles all types of chemistries and battery formats, and collaborates with partners to collect end-of-life batteries and scrap and maintains closed-loop US-domestic supply chain. The company has developed proprietary technology that ensures safe and efficient recovery of critical minerals from end-of-life alkaline batteries. It also utilizes cryogenic pre-treatment process for highly reactive lithium batteries. This process reduces their reactivity, allowing further physical separation. The batteries are then conveyed to an automated crusher operating in a liquid solution to prevent fugitive emissions and reduce the reactivity of the recycled batteries. The resulting materials include solid metal particles, which are fully recovered and used as feedstock for a variety of new products.
Cirba Solutions provides battery recycling services. It handles all types of chemistries and battery formats, and collaborates with partners to collect end-of-life batteries and scrap and maintains closed-loop US-domestic supply chain. The company has developed proprietary technology that ensures safe and efficient recovery of critical minerals from end-of-life alkaline batteries. It also utilizes cryogenic pre-treatment process for highly reactive lithium batteries. This process reduces their reactivity, allowing further physical separation. The batteries are then conveyed to an automated crusher operating in a liquid solution to prevent fugitive emissions and reduce the reactivity of the recycled batteries. The resulting materials include solid metal particles, which are fully recovered and used as feedstock for a variety of new products.
8
Country: USA | Funding: $133M
Avnos is commercializing technology to capture CO2 without consuming water, producing water for every ton.
Avnos is commercializing technology to capture CO2 without consuming water, producing water for every ton.
9
Country: USA | Funding: $650M
EnergyX is developing direct lithium extraction technology that enables recovery of lithium metal directly from brine in a form suitable for use as anodes for electric vehicle batteries. EnergyX has developed best-in-class sorbents (for extracting lithium molecules from water, capable of withstanding high temperatures, exhibiting fast kinetics and a long cycle life), SX reagents (for purifying and concentrating brines, capable of delivering Li content up to 60,000 ppm) and lithium-selective membranes (for preferential separation of Li molecules from impurities). The company has also patented electrolyte technology that safely leverages the full benefits of low-cost lithium-metal anode batteries compared to traditional lithium-ion batteries. EnergyX covers all aspects of the battery supply chain: from lithium extraction from brine, purification and manufacturing to the development of solid-state batteries with high safety and energy density.
EnergyX is developing direct lithium extraction technology that enables recovery of lithium metal directly from brine in a form suitable for use as anodes for electric vehicle batteries. EnergyX has developed best-in-class sorbents (for extracting lithium molecules from water, capable of withstanding high temperatures, exhibiting fast kinetics and a long cycle life), SX reagents (for purifying and concentrating brines, capable of delivering Li content up to 60,000 ppm) and lithium-selective membranes (for preferential separation of Li molecules from impurities). The company has also patented electrolyte technology that safely leverages the full benefits of low-cost lithium-metal anode batteries compared to traditional lithium-ion batteries. EnergyX covers all aspects of the battery supply chain: from lithium extraction from brine, purification and manufacturing to the development of solid-state batteries with high safety and energy density.
10
Country: USA | Funding: $1.8B
Ascend Elements is implementing sustainable, closed-loop recycling to the lithium-ion battery industry. Its Hydro-to-Cathode Direct Cathode Precursor Synthesis (pCAM) process converts mixed material from spent batteries and manufacturing scrap into active battery cathode material, increasing the value of critical elements like lithium, cobalt and nickel while reducing costs and carbon emissions. The company claims its sustainable battery materials can outperform traditional materials made from newly mined and refined metals, that they have a cycle life exceeding 50% and an 88% increase in capacity compared to traditional cells. In addition to shredding batteries and producing "black mass" or marketable metals, the company uses advanced particle engineering techniques. Ascend Elements also provides comprehensive logistics, materials tracking and customer support services.
Ascend Elements is implementing sustainable, closed-loop recycling to the lithium-ion battery industry. Its Hydro-to-Cathode Direct Cathode Precursor Synthesis (pCAM) process converts mixed material from spent batteries and manufacturing scrap into active battery cathode material, increasing the value of critical elements like lithium, cobalt and nickel while reducing costs and carbon emissions. The company claims its sustainable battery materials can outperform traditional materials made from newly mined and refined metals, that they have a cycle life exceeding 50% and an 88% increase in capacity compared to traditional cells. In addition to shredding batteries and producing "black mass" or marketable metals, the company uses advanced particle engineering techniques. Ascend Elements also provides comprehensive logistics, materials tracking and customer support services.














