Top 10 Car Recycling startups

Nov 27, 2024 | By Marjana Bačić

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
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: $96.4M
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: $85M
Cyclic Materials is recycling rare earth elements (REEs) from magnets powering the modern world.
4
Country: Netherlands | Funding: €10M
Chargetrip offers Smart EV Routing as an API SaaS platform.
5
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
Country: Germany | Funding: €2.1M
Betteries turns old EV fuel cells into power packs.
7
Country: Cameroon
Pneupur strives to minimise the environmental and health damages, caused by the inappropriate disposal of used tyres in African countries.
8
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.
9
Country: India
Smart Kabadi is the best taype scrap vehicle and industrial scrap buyer
10
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.
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