Top 7 Recycling Startups in 2023

1) Li-Cycle

Li-Cycle is a clean technology firm on a mission to use its unique solutions to address a worldwide problem that is becoming increasingly urgent.

Details of the startup:

• Country: Canada
• State: Ontario
• City: Mississauga
• Started in: 2016
• Founders: Ajay Kochhar, Tim Johnston
• Number of employees: 11-50
• Funding: $2,700,000
• Funding rounds: 1
• Number of investors: 1 (Sustainable Development Technology Canada)

You can find their website here.

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2) Enevo

Enevo is a forward-thinking organization with a mission to reduce waste's financial, environmental, and social costs.

Details of the startup:

• Country: Finland
• State: Southern Finland
• City: Espoo
• Started in: 2010
• Founders: Fredrik Kekalainen, Johan Engström
• Number of employees: 51-100
• Funding: $55,363,230
• Funding rounds: 6
• Number of investors: 15 (Earlybird Venture Capital, Foxconn Technology Group, European Investment Bank, Draper Associates, Lifeline Ventures)

You can find their website here.

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3) Blocktexx

BlockTexx is an environmentally friendly enterprise that recovers polyester and cellulose from textiles and garments.

Details of the startup:

• Country: Australia
• State: New South Wales
• City: Sydney
• Started in: 2018
• Founders: Adrian Jones, Graham Ross
• Number of employees: 1-10
• Funding: A$4,500,000
• Funding rounds: 2
• Number of investors: 2 (Artesian Clean Energy Seed Fund, Private Investor)

You can find their website here.

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4) Fourth Partner Energy

Fourth Partner Energy offers consumers in India turnkey rooftop solar energy systems.

Details of the startup:

• Country: India
• State: Andhra Pradesh
• City: Hyderabad
• Started in: 2010
• Founders: Saif Dhorajiwala, Vikas saluguti, Vivek Subramanian
• Number of employees: 11-50
• Funding: $138,332,785
• Funding rounds: 7
• Number of investors: 12 (The Rise Fund, responsAbility, CDC Group, The Chennai Angels, Triodos Investment Management)

You can find their website here.

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5) Rubicon

Rubicon is a software firm that offers smart garbage and recycling solutions to businesses and governments all around the world.

Details of the startup:

• Country: United States
• State: Georgia
• City: Atlanta
• Started in: 2008
• Founders: Lane B. Moore, Marc Spiegel, Nate Morris, Perry Moss
• Number of employees: 251-500
• Funding: $222,699,949
• Funding rounds: 8
• Number of investors: 27 (Goldman Sachs, Emerson Collective, Valor Capital Group, Wellington Management, Marc Benioff)

You can find their website here.

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6) AMP Robotics

At a tenth of the cost of current technology, AMP Robotics develops AI-based robotic systems that sort recyclable materials.

Details of the startup:

• Country: United States
• State: Colorado
• City: Louisville
• Started in: 2015
• Founders: James Bailey, Matanya Horowitz
• Number of employees: 51-100
• Funding: $74,465,813
• Funding rounds: 5
• Number of investors: 10 (Sequoia Capital, GV, Valor Equity Partners, Sidewalk Infrastructure Partners, Baidu Ventures)

You can find their website here.

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7) Rheaply

Rheaply is a procurement management platform that allows you to purchase, sell, trade, donate, and rent resources.

Details of the startup:

• Country: United States
• State: Illinois
• City: Chicago
• Started in: 2015
• Founders: Garry Cooper, Tyler Skelton
• Number of employees: 11-50
• Funding: $12,700,000
• Funding rounds: 4
• Number of investors: 16 (Solve Innovation Future, Techstars, Salesforce Ventures, Revolution’s Rise of the Rest Seed Fund, High Alpha)

You can find their website here.

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