Top 10 PET Recycling startups

Updated: February 24, 2024

PET recycling startups are driving the development of advanced technologies, such as state-of-the-art sorting systems, innovative chemical depolymerization processes, and efficient melt filtration techniques, to effectively and sustainably convert PET waste into high-quality recycled PET resin, promoting the circular economy and reducing the demand for virgin plastic production.
1
Country: France | Funding: €71.8M
Carbios is a chemistry company that focuses on discovering and developing enzymatic bioprocesses applied to plastic and textile polymers.
2
Country: UK | Funding: $46.2M
Worn Again is a textile to textile recycling technology that can separate and recapture polyester and cotton from discarded.
3
Country: Netherlands | Funding: €42.5M
Ioniqa Technologies has a patented technology that uses magnetic colloidal systems with nanoparticles to break down PET into a re-usable monomer.
4
Country: Switzerland | Funding: CHF16.3M
DePoly has developed a chemical-based method for recycling PET containers.
5
Country: Switzerland | Funding: $10.1M
Gr3n developed an innovative process, based on a new application of microwave technology to a well known chemical reaction.
6
Country: Netherlands
An energy-efficient solution for endless product to product transformation. To recycle infinitely, again and again and again. Creating a fully circular polyester chain.
7
Country: France | Funding: €3.2M
Recyc'Elit is a polyethylene terephthalate (PET) system designed to solve difficult polyester-based textile recycling issues.
8
Country: Serbia
Sekopak is recycling PET plastic, paper and cardboard, glass, metal and wood. We facilitate the management of packaging waste for all our clients.
9
Country: Serbia
Solagro is a smart city startup that creates digital solutions for beverage packs recycling. It developes a smart can-pressing machine which rewards and communicates with users.
10
Country: Netherlands | Funding: €146K
Reflow has pioneered an approach to recycle discarded plastic into a range of exceptional, sustainable materials for 3D printing. We‘ve established a collaborative network of recyclers, makers and designers to tackle plastic pollution, support local communities and co-create meaningful design
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11
Country: India
GEM Enviro Management collects polyethylene terephthalate (PET) waste from factories, offices, hotels, and institutes, and recycles them into products such as T-shirts, caps, and bags.
12
Country: Canada
JD Composites is building homes with recycled PET bottles
13
Country: Australia
Greenbatch is working towards building Western Australia's first PET plastic recycling facility.
14
Country: India
GSM Plastic Industries is Processing (Recycling) Post consumed and Post Industrial PET bottles into PET Bales and Cold and Hot washed PET Flakes.
15
Country: Nigeria
Vicfold recyclers converts plastics to usable resins that are sold as feedstock to manufacturers of household plastics, egg crates, synthetic fibre, plastic furniture, construction DPC sheets, and carpets among others.
16
Country: India
JB Ecotex recycles used water and cold drink bottles and manufactures high tenacity recycle polyester staple fiber
17
Country: South Korea
EAPS provides disposal for plastic bottles.