Batch #7
Winners
2024-08-28
2024-08-28
Start-ups from Australia, Uganda and the USA come to Circular Valley
The circular economy initiative is bringing 19 young companies from six continents to the extended Rhine-Ruhr region this fall. The founders are making fuel from plastic waste, extracting heavy metals from water, recycling large quantities of clothing and developing much-needed energy storage systems.
They live and work at different ends of the world and yet they have two things in common: They prevent pollutant emissions on a grand scale - and they are all meeting in North Rhine-Westphalia in the fall to do so. The jury of the Circular Valley Foundation has selected 19 start-ups to be supported in the extended Rhine-Ruhr region. The young companies are based around the globe: from Argentina to Australia and from Iceland to Uganda.
The founders will considerably advance their business models at Circular Valley. The circular economy Initiative provides them with top-class coaches and mentors, gives them a unique insight into the practical side of the industry and, thanks to its large network, puts them in touch with potential partners and investors.
Highlight of the funding program is the Circular Valley Forum on 15 November. More than 1,000 decision-makers will attend and get to know the start-ups' ideas at the DemoDay. More than 100 young companies from all over the world have already benefited from this comprehensive funding program. They are making an important contribution to the major goal of Circular Valley: the transformation from a linear to a genuine circular economy.

The new round of the funding program focuses on three main topics:
1. Renewable energy and energy storage
The basis of a functioning circular economy is the energy transition. That is why the entire spectrum of this topic area plays a central role in the new funding round: from generating, conversing and increasing efficiency to storing energy.
2. Mechanical recycling of plastics
The second focus is also broadly defined. For example, the young companies have developed business models for recycling packaging or recycling plastic waste in companies. The aim of Circular Valley is to develop new methods to maintain high quality levels and new processes to enable plastics to be re-used multiply times.
3. Circular use of machinery, equipment, appliances and furnishings
The start-ups in this area are concerned with, among other things, cleanly separating recyclable materials from old clothing, re-using waste from 3D printing and brokering unused production capacities.
The start-ups at a glance:
1. Renewable energy and energy storage: Carbo Energy Storage C-Corp (Argentina) Heaten Germany (Germany), Hydrogenea (Germany), Re:notch Energy (Sweden).
2. Mechanical recycling of plastics: Craft Planet (Nigeria), Flux Polymers (Germany), Kyuka ventures innovation hub (Uganda), Novoloop (USA), Waste to Wealth (Tanzania).
3. Circular use of machinery, equipment, appliances and furnishings: BioFashionTech (Netherlands), Circular Library Network (Iceland), QiTech Industries GmbH (Germany), Ressourcly (Germany), Triangular-PST (Germany), WorkbenchX (Australia).
4. Others: Carbon Craft (India), Circonomit (Germany), instrAction (Germany), Nunos (Germany).
Note to editors:

Detailed information on the new Circular Valley start-ups can be found here.
Please contact us at:

Phone: +49 202-256-237-25
E-Mail: press@circular-valley.org
If you would like to conduct interviews with the new Circular Valley start-ups.
The graphic shows the countries from which the start-ups in the new funding round come to the extended Rhine-Ruhr region. Both images can be used free of charge for reporting on Circular Valley. Source: Circular Valley / Jan Turek