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Chemicals and Materials Tech Series A Founded 2016

PolyCycl

PolyCycl manufactures chemical feedstocks derived from processed waste plastic materials, converting low-grade plastic waste into hydrocarbon oils through continuous thermo-chemical processes. These refined oils serve as industrial blendstocks or feedstocks for the production of virgin polymers and chemicals. The company also utilizes solvent-based purification methods to recover resins from multi-layered packaging…

📍 Kalka, India · Chemicals Tech,

Funding snapshot

Last roundSeries A
Amount$3M
Date20 January 2026
Total raised$4M
Valuation79,405,114 (Jan 1, 2026)
Team size15

About

PolyCycl manufactures chemical feedstocks derived from processed waste plastic materials, converting low-grade plastic waste into hydrocarbon oils through continuous thermo-chemical processes. These refined oils serve as industrial blendstocks or feedstocks for the production of virgin polymers and chemicals. The company also utilizes solvent-based purification methods to recover resins from multi-layered packaging and post-consumer waste streams. Founded in 2016 and headquartered in Kalka, India, PolyCycl has raised approximately $3.9M in Series A funding from investors including LetsVenture, Rainmatter, Morpheus Ananta, TSM Ventures, and Plug and Play APAC. The company addresses the global plastic waste crisis by enabling circular economy solutions that convert hard-to-recycle plastic waste into valuable chemical feedstocks, reducing dependence on fossil-derived raw materials for polymer production.

Business model

Solid Waste Management Tech > Recycling > Upcycling > Plastics > Diversified,

Chemicals Tech > Green Chemicals > Oil > Hydrocarbon > From Recycled Plastic

Founders & team highlights

Founder with Prior Funding,

Serial Founder

Institutional investors

LetsVenture Aha Vets Milestone Gears Morpheus Ananta Supermorpheus TSM Ventures Aarem Ventures Rainmatter Morpheus Gang Plug and Play APAC Inventus Law Larry Buckle K D Fatnani Sanjay Kakar Rakesh Dutta

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