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Successfully funded
overfunded
ReCircle Recycling
109%
Raised
£548,150
Investors
476
Target
£500,000
Equity
16.88%
Pre-money valuation
£2,700,000

The ReCircle appliance for home or business will sort, wash, and grind recycling into pure materials before selling it to manufacturers to turn back into its original product. We have designed and patented the system, now we need investment to develop the prototype.

  • International patents filed to protect market access & more identified
  • Closed-loop system increases the purity and value of materials
  • Team of world-leading technology developers
  • Close relationship with Swansea University

Idea

Waste has reached a crisis point. There will be more plastic than fish in our oceans by 2050, it’s estimated, yet 91% of plastic isn’t recycled and over half of everything we put in recycling bins end up in a landfill. In their pure form, recyclables are very valuable but are costly to separate when mixed.

ReCircle’s appliance for home or business will transform the way societies value materials by offering the worlds first 100% closed-loop recycling solution.

ReCircle's sensors will ensure that plastics, metals, etc. are kept separate before they’re washed, ground and compacted into pure recycled materials. We’ll then empty the containers, reimbursing the owner for the weight of materials gathered.

We’ve designed the system, selected the components, and worldwide patents are filed. Now we need your investment to build the prototype and take ReCircle to market.

The recycling market is predicted to grow by 66% between 2015-2020, reaching roughly $35bn, shifting manufacturers towards using recycled materials, particularly plastics ‒ a market estimated to be worth $50.36 billion globally by 2022.

To give us the best start, we intend to launch in California. The state has some of the highest recycling rates in the US, an established bottle deposit system, as well as bonus payments for processors of high purity plastic flake and beneficiated glass cullet.

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Risk warning

Investments of this nature carry risks to your capital, including illiquidity, lack of dividends and dilution. Balance risk with a diversified portfolio. Read more. Approved as a financial promotion by Crowdcube Capital Limited, which is authorised and regulated by the Financial Conduct Authority.

Investment opportunities are not offers to the public and investors must be eligible Crowdcube members. Further restrictions and Crowdcube's limitation of liability are set out in the Investor Terms and Conditions. Please seek independent advice as required as Crowdcube does not give investment or tax advice.

ReCircle Recycling has been given advance assurance by HMRC that the proposed share issue is likely to qualify for Enterprise Investment Scheme (EIS) tax relief.

Tax relief is available to individuals only, with income tax relief currently set at 30 per cent of the cost of the shares for the tax year in which the investment was made. The tax reliefs can also reduce your Capital Gains Tax bill. Read More.

Availability of tax relief depends on your individual and the company’s ongoing circumstances and applicable law.