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Top 10 Plastic Recycling startups
Updated: March 19, 2024 | 25 |
Plastic recycling startups are advancing technologies like advanced sorting systems, chemical depolymerization processes, and mechanical recycling techniques to efficiently and sustainably transform post-consumer plastics into high-quality recycled materials for new plastic manufacturing.
1
Country: USA | Funding: $974.1M
Zymergen uses machine learning to create microbes that break down and repurpose plastics.
Zymergen uses machine learning to create microbes that break down and repurpose plastics.
2
Country: USA | Funding: $811.2M
PureCycle recycles polypropylene plastic without any residual odor, color or contaminants.
PureCycle recycles polypropylene plastic without any residual odor, color or contaminants.
3
Country: Israel | Funding: $240.1M
The UBQ proprietary process converts Residual Municipal Solid Waste, destined to landfills, into novel bio-based UBQ Material, that can be used to make everyday durable products - with a reduced carbon footprint.
The UBQ proprietary process converts Residual Municipal Solid Waste, destined to landfills, into novel bio-based UBQ Material, that can be used to make everyday durable products - with a reduced carbon footprint.
4
Country: USA | Funding: $172.7M
Agilyx created a solutions platform that can take a wide variety of waste plastics and polymers, and chemically recycle those plastics into high value synthetic oils, chemicals and in some cases back to basic monomers that can be used to re-manufacture products.
Agilyx created a solutions platform that can take a wide variety of waste plastics and polymers, and chemically recycle those plastics into high value synthetic oils, chemicals and in some cases back to basic monomers that can be used to re-manufacture products.
5
Country: Spain | Funding: $168.2M
Plastic Energy offers a sustainable solution to help prevent plastic pollution by transforming previously unrecyclable plastic waste into and optimal feedstock for making clean recycled plastics or alternative law-carbon fuels.
Plastic Energy offers a sustainable solution to help prevent plastic pollution by transforming previously unrecyclable plastic waste into and optimal feedstock for making clean recycled plastics or alternative law-carbon fuels.
6
Country: USA | Funding: $150M
Nexus Circular is a leader in pyrolysis-based advanced plastics recycling.
Nexus Circular is a leader in pyrolysis-based advanced plastics recycling.
7
Country: Germany | Funding: €130M
APK (APK Aluminium and Kunststoffe AG) has developed a chemical-physical process for recycling plastic waste that produces single-origin, new-quality plastics at low prices (Newcycling).
APK (APK Aluminium and Kunststoffe AG) has developed a chemical-physical process for recycling plastic waste that produces single-origin, new-quality plastics at low prices (Newcycling).
8
Country: Netherlands | Funding: €100M
Repeats Group is a plastics recycling platform focused on producing high-quality recycled low-density polyethylene.
Repeats Group is a plastics recycling platform focused on producing high-quality recycled low-density polyethylene.
9
Country: Canada | Funding: $86.7M
Anaergia maximizes resource recovery from virtually any waste stream, transforming waste into renewable energy, clean water, high-quality fertilizer, and recyclables. Anaergia provides complete, integrated solutions for municipal solid waste management, resource recovery in wastewater sector, and large‐scale farming & food production waste management.
Anaergia maximizes resource recovery from virtually any waste stream, transforming waste into renewable energy, clean water, high-quality fertilizer, and recyclables. Anaergia provides complete, integrated solutions for municipal solid waste management, resource recovery in wastewater sector, and large‐scale farming & food production waste management.
10
Country: France | Funding: €71.8M
Carbios is a chemistry company that focuses on discovering and developing enzymatic bioprocesses applied to plastic and textile polymers.
Carbios is a chemistry company that focuses on discovering and developing enzymatic bioprocesses applied to plastic and textile polymers.
11
Country: Canada | Funding: $56.5M
Loop Industries is a leading sustainable plastics technology innovator. Loop owns patented and proprietary technology that depolymerizes no and low value waste PET plastic and polyester fiber, including plastic bottles and packaging, carpet
Loop Industries is a leading sustainable plastics technology innovator. Loop owns patented and proprietary technology that depolymerizes no and low value waste PET plastic and polyester fiber, including plastic bottles and packaging, carpet
12
Country: Australia | Funding: $54M
Samsara Eco uses enzyme-based technology to break down plastic into its core molecules
Samsara Eco uses enzyme-based technology to break down plastic into its core molecules
15
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.
Ioniqa Technologies has a patented technology that uses magnetic colloidal systems with nanoparticles to break down PET into a re-usable monomer.
16
Country: Australia | Funding: $26M
Licella developed unique hydrothermal upgrading platform, the Cat-HTR, that can rapidly and economically transform a wide range of biomass, waste plastic and industry residues into a synthetic oil or biocrude to produce more sustainable fuels and chemicals.
Licella developed unique hydrothermal upgrading platform, the Cat-HTR, that can rapidly and economically transform a wide range of biomass, waste plastic and industry residues into a synthetic oil or biocrude to produce more sustainable fuels and chemicals.
17
Country: USA | Funding: $25.9M
Advanced upcycling company creating quality chemicals and materials made from plastic waste
Advanced upcycling company creating quality chemicals and materials made from plastic waste
18
Country: Netherlands | Funding: €20M
Urban Mining Corp enables plastic recycling through unique patented magnetic density separation technique
Urban Mining Corp enables plastic recycling through unique patented magnetic density separation technique
19
Country: Canada | Funding: $20M
Polystyvert is an innovative SME environmental company with a mission to recycle polystyrene
Polystyvert is an innovative SME environmental company with a mission to recycle polystyrene
20
Country: USA | Funding: $20M
Ushering in a new era of sustainable and circular plastics. It engineers supercharged organisms to break down plastic and textile waste
Ushering in a new era of sustainable and circular plastics. It engineers supercharged organisms to break down plastic and textile waste
21
Country: Switzerland | Funding: CHF16.3M
DePoly has developed a chemical-based method for recycling PET containers.
DePoly has developed a chemical-based method for recycling PET containers.
22
Country: USA | Funding: $17.3M
IntegriCo Composites is a manufacturer of composite industrial products that utilize patented manufacturing technology.
IntegriCo Composites is a manufacturer of composite industrial products that utilize patented manufacturing technology.
23
Country: India | Funding: $14.3M
Banyan Nation is unlocking the market for premium recycled plastics in India through technology innovations across the value chain.
Banyan Nation is unlocking the market for premium recycled plastics in India through technology innovations across the value chain.
24
Country: Netherlands | Funding: €12.5M
Circularise uses blockchain to track plastics from the initial resin to the end product, including any additives along the way.
Circularise uses blockchain to track plastics from the initial resin to the end product, including any additives along the way.
25
Country: UK | Funding: $11.9M
Recycling Technologies specializes in waste management and engineering processes and helps customers achieve financial gains from waste. Recycling Technologies also provides a solution to chemically recycle end-of-life plastic back to a crude oil equivalent called Plaxx, which is a synthetic oil that has multiple industrial applications.
Recycling Technologies specializes in waste management and engineering processes and helps customers achieve financial gains from waste. Recycling Technologies also provides a solution to chemically recycle end-of-life plastic back to a crude oil equivalent called Plaxx, which is a synthetic oil that has multiple industrial applications.
26
Country: UK | Funding: £8M
Greenback Recycling Technologies is building a decentralised network of recycling plants near the sources of plastic waste, which it buys from local collectors.
Greenback Recycling Technologies is building a decentralised network of recycling plants near the sources of plastic waste, which it buys from local collectors.
27
Country: USA
Birch Plastics is a plastic recycling facility in Texas diverting millions of pounds of plastic each year from going to the land fill.
Birch Plastics is a plastic recycling facility in Texas diverting millions of pounds of plastic each year from going to the land fill.
28
Country: Switzerland | Funding: $10.1M
Gr3n developed an innovative process, based on a new application of microwave technology to a well known chemical reaction.
Gr3n developed an innovative process, based on a new application of microwave technology to a well known chemical reaction.
29
Country: India | Funding: $10M
The Shakti Plastics Industries is a Mumbai based company that recycles all types of plastic waste, and one of the leading recyclers of polymer waste in India.
The Shakti Plastics Industries is a Mumbai based company that recycles all types of plastic waste, and one of the leading recyclers of polymer waste in India.
30
Country: USA | Funding: $9M
International Recycling Group has created the first 100% zero-landfill solution to waste plastic IRG is building the world’s largest plastics recycling plant, SuperPRF, to process all types and grades of waste plastic.
International Recycling Group has created the first 100% zero-landfill solution to waste plastic IRG is building the world’s largest plastics recycling plant, SuperPRF, to process all types and grades of waste plastic.
31
Country: UK | Funding: €6M
Itero creates profitable waste management solutions. The startup's chemical recycling technology is designed to convert previously non-recycled plastic waste into petrochemical resources.
Itero creates profitable waste management solutions. The startup's chemical recycling technology is designed to convert previously non-recycled plastic waste into petrochemical resources.
32
Country: USA | Funding: $6.4M
Resynergi develops plastic recycling technology to rapidly convert plastic waste into reusable and environmentally friendly material.
Resynergi develops plastic recycling technology to rapidly convert plastic waste into reusable and environmentally friendly material.
33
Country: Canada | Funding: CA$7.2M
Pyrowave is a pioneer of the Plastic-to-Plastic microwave-based chemical recycling technology that allows post-consumer and post-industrial plastics to be regenerated and restored to their full value. Its patented high-power microwave catalytic depolymerization technology platform is the most advanced worldwide and is now at the forefront of the new generation of plastics. By bringing plastics back to their molecular state identical to virgin materials, Pyrowave technology allows infinite recycling of plastics.
Pyrowave is a pioneer of the Plastic-to-Plastic microwave-based chemical recycling technology that allows post-consumer and post-industrial plastics to be regenerated and restored to their full value. Its patented high-power microwave catalytic depolymerization technology platform is the most advanced worldwide and is now at the forefront of the new generation of plastics. By bringing plastics back to their molecular state identical to virgin materials, Pyrowave technology allows infinite recycling of plastics.
34
Country: UK | Funding: £4.5M
At MacRebur our mission is to help solve two world problems; to help solve the waste plastic epidemic, and to enhance the asphalt used to make our road surfaces around the world.
At MacRebur our mission is to help solve two world problems; to help solve the waste plastic epidemic, and to enhance the asphalt used to make our road surfaces around the world.
35
Country: UK | Funding: £4.4M
ReNew ELP develops cutting-edge technology that enables the upcycling of plastics that are traditionally considered non-recyclable.
ReNew ELP develops cutting-edge technology that enables the upcycling of plastics that are traditionally considered non-recyclable.
36
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.
An energy-efficient solution for endless product to product transformation. To recycle infinitely, again and again and again. Creating a fully circular polyester chain.
37
Country: Netherlands
PolyStyreneLoop developed a solution to close the loop for hard to recycle polystyrene foam that is left over as demolition waste.
PolyStyreneLoop developed a solution to close the loop for hard to recycle polystyrene foam that is left over as demolition waste.
38
Country: Nigeria | Funding: $4M
Kaltani is a clean-tech plastic recycling and waste management company.
Kaltani is a clean-tech plastic recycling and waste management company.
39
Country: Kenya | Funding: $3.4M
Kubik is an environmental technology company that uses plastic waste to make low-carbon, durable, and affordable buildings.
Kubik is an environmental technology company that uses plastic waste to make low-carbon, durable, and affordable buildings.
40
Country: France | Funding: €3.2M
Recyc'Elit is a polyethylene terephthalate (PET) system designed to solve difficult polyester-based textile recycling issues.
Recyc'Elit is a polyethylene terephthalate (PET) system designed to solve difficult polyester-based textile recycling issues.
41
Country: Netherlands
Fuenix Ecogy upcycles plastic waste into raw materials, that can be used to create brand new plastic, which is 100% circular.
Fuenix Ecogy upcycles plastic waste into raw materials, that can be used to create brand new plastic, which is 100% circular.
42
Country: Egypt | Funding: $3M
Dawarha develops and manufactures reverse vending machines (RVM) that use artificial intelligence (AI) to reward consumers for depositing empty single-use plastic bottles or cans.
Dawarha develops and manufactures reverse vending machines (RVM) that use artificial intelligence (AI) to reward consumers for depositing empty single-use plastic bottles or cans.
43
Country: Argentina | Funding: $2.6M
Arqlite is a recycling technology company developing high efficiency materials for massive industries, made 100% from plastic waste.
Arqlite is a recycling technology company developing high efficiency materials for massive industries, made 100% from plastic waste.
44
Country: USA | Funding: $2.2M
Birch Biosciences is developing a new way to recycle plastics using naturally occurring enzymes that will yield better-quality plastic than current recycling methods.
Birch Biosciences is developing a new way to recycle plastics using naturally occurring enzymes that will yield better-quality plastic than current recycling methods.
45
Country: France | Funding: €1M
Lemontri offers a turnkey multi-flow recycling service (plastic, metal, paper, glass, etc.).
Lemontri offers a turnkey multi-flow recycling service (plastic, metal, paper, glass, etc.).
46
Country: Australia
Renewlogy is a global leader in proprietary chemical recycling of low value plastic waste into high value fuels.
Renewlogy is a global leader in proprietary chemical recycling of low value plastic waste into high value fuels.
47
Country: Kenya | Funding: $2M
Mr. Green Africa is a tech-enabled plastic recycling company that tackles waste management problems.
Mr. Green Africa is a tech-enabled plastic recycling company that tackles waste management problems.
48
Country: USA
Alterra Energy is an innovative chemical recycling technology company. Alterra Energy engages in developing and commercializing continuous recycling technology, which transforms waste plastic into petrochemical products.
Alterra Energy is an innovative chemical recycling technology company. Alterra Energy engages in developing and commercializing continuous recycling technology, which transforms waste plastic into petrochemical products.
49
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.
Sekopak is recycling PET plastic, paper and cardboard, glass, metal and wood. We facilitate the management of packaging waste for all our clients.
50
Country: USA | Funding: $1.5M
ByFusion’s Blocker system turns 100% of plastic waste into ByBlock – an advanced, cost-effective building material.
ByFusion’s Blocker system turns 100% of plastic waste into ByBlock – an advanced, cost-effective building material.
