Top 7 Chemical Recycling startups

Updated: Feb 08, 2026
|
These startups develop chemical recycling processes that convert post-consumer and post-industrial plastic and textile waste streams into their main raw components
1
Uplift360
Country: Luxembourg | Funding: €8.5M
Uplift360 develops a chemical technology for the regeneration of composite materials (carbon fiber, Kevlar-grade aramids and hybrid laminates) that form the basis of modern aerospace and defense systems, wind turbines and high-performance vehicles. Unlike traditional recycling, which reduces strength and limits applications, the company's non-destructive process produces products that meet virgin fiber standards. For example, it recycles materials from Eurofighter Typhoon fighter jet parts and Merlin helicopter blades into components for unmanned aerial vehicles. The company collaborates with Rolls-Royce, Babcock and Leonardo and aims to create a scalable closed-loop model for composite materials across Europe, ensuring reliable supply chains in the face of increasing geopolitical pressure.
2
NOVA Chemicals
Country: Canada | Funding: $879.9M
Nova Chemicals is producing polyethylene, styrenic polymers, monomers, and a variety of coproducts.
3
DePoly
Country: Switzerland | Funding: $41.1M
DePoly has developed a chemical-based method for recycling PET containers.
4
Pryme
Country: Netherlands | Funding: €28M
Pryme is an innovative cleantech company focused on converting plastic waste into valuable products through low-carbon chemical recycling.
5
Terracle
Country: South Korea | Funding: ₩10.5B
Terracle is a company that manufactures raw materials from plastic trash and recycling.
6
Radical Dot
Country: Germany | Funding: €2.7M
Radical Dot technology extracts sustainable carbon from complex, yet inescapable, plastic waste streams.
7
ReVentas
Country: UK
ReVentas is dedicated to transforming how the world recycles plastics, aiming for a sustainable and circular economy.
  See also:
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