Top 9 Car Recycling startups

Updated: February 24, 2024

Car recycling startups are developing automated dismantling systems, advanced shredding and sorting methods, and efficient material recovery processes, to effectively and sustainably recycle end-of-life vehicles, enabling the recovery of valuable metals, plastics, and other components, reducing landfill waste, conserving resources, and promoting the circular economy in the automotive industry.
1
Country: USA | Funding: $100M
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
Country: USA | Funding: $52.5M
Sortera Alloys brings state-of-the-art artificial intelligence image/data analytics and advanced sensors to the industrial scrap metal recycling and re-use industry. It's focused on converting recycled material from vehicles into new tech products
3
Country: Canada | Funding: $30.6M
Cyclic Materials provides recycling services recovering rare earth elements.
4
Country: Netherlands | Funding: €10M
Chargetrip offers Smart EV Routing as an API SaaS platform.
5
Country: Germany | Funding: €2.1M
Betteries turns old EV fuel cells into power packs.
6
Country: Cameroon
Pneupur strives to minimise the environmental and health damages, caused by the inappropriate disposal of used tyres in African countries.
7
Country: Nepal
Tyre Treasures is a green enterprise that aims to address the ever-increasing pollution caused by non-biodegradable inorganic waste, primarily TYRES. We follow the principles of “Reduce. Reuse. Recycle.” and; upcycle tyres into refined products to promote a culture of conservancy and judicious use of resources.
8
Country: India
Smart Kabadi is the best taype scrap vehicle and industrial scrap buyer
9
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.