Top 7 Car Recycling startups

Updated: Mar 18, 2026
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These startups develop new car recycling technologies such as automated dismantling systems, advanced shredding and sorting technologies, direct recycling of lithium-ion batteries, pyrolysis for rubber recovery, chemical recycling of plastics, closed-loop metal recovery processes, innovative reuse of automotive composites.
1
Urban Mining Company
Country: USA | Funding: $343.8M
Urban Mining Company has developed groundbreaking technology to cost effectively recycle rare earth magnets from discarded hard disk drives or motors, and reprocess them into high performance magnets that are critical components used for industrial, automotive, clean energy, and military defense.
2
Cyclic Materials
Country: Canada | Funding: $161.2M
Cyclic Materials specializes in recycling magnet manufacturing waste and other end-of-life components (electric vehicle motors, hybrid transmissions, wind turbine generators, hard drives, MRI machines) to extract rare earth elements. It utilizes physical and hydrometallurgical processing for extracting metals. Its patented MagCycleSM and REEPureSM technologies enable the recovery of critical minerals with minimal environmental impact. The resulting products include high-quality recycled mixed rare earth oxide (rMREO), aluminum, copper, nickel, cobalt, mixed hydroxide precipitate (MHP) and pure iron-containing materials. The company operates a rare earth element recycling facility in South Carolina that can produce 600 tonnes of rare metals per year.
3
Sortera
Country: USA | Funding: $111.4M
Sortera uses AI to recover valuable aluminum from scrap piles and produce affordable, high-quality metal alloys. Sortera's computer-vision-based sensor-based sorter can both upgrade raw material streams (shredded old automotive parts and appliances) and remove unwanted contaminants. The upgraded streams can then be used to manufacture new products. This technology is revolutionary because it enables domestic (US) production of new raw materials from existing automotive industry streams. Sortera's main facility in Markle, Indiana, currently processes approximately 100 million pounds of shredded metal annually to produce blends of aluminum with other elements that make them stronger and more durable.
4
ChargeTrip
Country: Netherlands | Funding: €10M
Chargetrip offers Smart EV Routing as an API SaaS platform.
5
RecommerceX
Country: India | Funding: ₹300M
Recommercex is an organized scrap aggregator serves as a catalyst for positive change in the waste management and recycling industry.
6
Smart Kabadi
Country: India
Smart Kabadi is the best taype scrap vehicle and industrial scrap buyer
7
ScrapMyCar
Country: India
ScrapMyCar.in offers a seamless, environmentally responsible solution for disposing of old vehicles. It boasts a vast network of recycling centers and scrap yards, ensuring efficient vehicle pickup and recycling while reducing carbon emissions.
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Marjana Bačić
Editor: Marjana Bačić
Marjana Bačić is a senior editor for RecyclingStartups. She has has more than 5 years experience covering the recycling industry. Marjana graduated from University of Belgrade, where she edited Recycling and Sustainable Development Journal. She has helped several non-profit organizations dedicated to promoting environmental education and sustainability. She also participates in beach clean-up initiatives and advocates for sustainable practices in local businesses. In her free time, Marjana enjoys hiking in the scenic Montenegrin countryside, practicing yoga for mindfulness, and experimenting with plant-based recipes in her kitchen. You can contact Marjana at marjanabacic(at)recyclingstartups(dot)com