PolyCycl Raises INR 26 Crore (Approx. $2.8 Million) in Series A Funding Led by Rainmatter to Advance Chemical Recycling Technology
Amount Raised
$2.8 Million
Round Type
Series A
BengaluruManufacturingBiotechnologyRenewable EnergyInvestors
Description
PolyCycl, a Bengaluru-based startup, has raised INR 26 crore (approximately $2.8 million) in Series A funding from Rainmatter to enhance its chemical recycling capabilities. The investment will enable the company to scale its technology for recycling hard-to-recycle plastic waste. PolyCycl has developed a continuous recycling platform that converts low-grade plastics into liquid hydrocarbon oils, with the funding supporting its transition from technology validation to broader commercial applications.
Quick answer
PolyCycl raised $2.8 Million in a Series A round, dated January 20, 2026. Investors: Rainmatter. PolyCycl is based in Bengaluru, Karnataka, India.
- How much did PolyCycl raise?
- PolyCycl raised $2.8 Million in a Series A round on January 20, 2026.
- Who invested in PolyCycl?
- Rainmatter is named as investors in this round.
- What does PolyCycl do?
- PolyCycl is a Bengaluru-based deep-tech startup focused on chemical recycling of waste plastics, particularly hard-to-recycle plastic waste.
- Where is PolyCycl based and how big is it?
- PolyCycl is based in Bengaluru, Karnataka, India.
- Who are the decision-makers at PolyCycl?
- Fundz holds 2 contacts at PolyCycl. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Renewable Energy and Manufacturing around the same time
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