About Circular Economy
Companies included in Circular Economy sector
Companies that provide solutions to reduce and manage emissions, reduce and recycle waste, filter wastewater, renewable energy providers.Companies excluded in Circular Economy sector
It excludes companies providing generic eco-friendly products, sustainable technologies as well as consulting companies that provide advisory services for environmental protection.Market Map of Circular Economy
Reports related to Circular Economy
Circular Economy - Sector Report
Edition: November, 2025 (87 Pages)Circular Economy Investor Landscape
Edition: July, 2025 (12 Pages)Top Companies in Circular Economy
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Recycles lithium-ion batteries and repurposes battery raw materials through low-carbon refining | Noida (India) | 2018 | Series B | $87.7M | |
Provider of digital solutions for sustainable waste management | Hyderabad (India) | 2016 | Series A | $40.9M | |
Provider of sensor‑based recycling and sorting solutions | Asker (Norway) | 1972 | Public | - | |
Automated kiosks for e-waste collection | San Diego (United States) | 2008 | Acquired | $398M | |
Provider of e-waste and lithium-ion battery recycling | Noida (India) | 2008 | Series C | $31.1M |
Companies founded year-on-year in the Circular Economy sector
6 new startups have been founded so far in 2026 in the Circular Economy sector. 493 Circular Economy startups were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 6 |
2025 | 28 |
2024 | 153 |
2023 | 295 |
2022 | 399 |
2021 | 454 |
2020 | 493 |
2019 | 466 |
2018 | 434 |
2017 | 346 |
Companies founded across countries in the Circular Economy sector
United States has 1,526 Circular Economy startups, the most by any country, followed by India which has 1,035 startups and United Kingdom which has 527.
- Total Number of Companies
Country | No. of companies |
|---|---|
United States | 1,526 |
India | 1,035 |
United Kingdom | 527 |
Germany | 295 |
Canada | 292 |
France | 175 |
China | 172 |
Netherlands | 153 |
Australia | 140 |
Italy | 130 |
Stage-wise distribution of the Circular Economy sector
Out of the total 6,251 Circular Economy companies, 2,376 have secured funding. Among them, 867 have reached Series A or higher, and 534 to Series B or beyond.
Company Stage | No. of companies |
|---|---|
Founded | 6,251 |
Funded | 2,376 |
Series A+ | 867 |
Series B+ | 534 |
Series C+ | 437 |
- 6.3K+ Total Companies
- $58.3B+ Total Funding
- 2.4K+ Funded Companies
- 125+ IPOs
- 205+ Acquisitions
Funding Trends in the Circular Economy sector
Total funding year-on-year in the Circular Economy sector
The Circular Economy sector saw a total funding of more than $43.8B in the last 10 years. The most amount of funding was in 2023 at more than $10.2B. There has been a total funding of $854M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $854M |
2025 | $3.23B |
2024 | $4.96B |
2023 | $10.2B |
2022 | $7.56B |
2021 | $6.86B |
2020 | $1.82B |
2019 | $4.9B |
2018 | $2.61B |
2017 | $732M |
Total funding across countries in the Circular Economy sector
In the last 10 years, Circular Economy startups in United States have recieved the highest funding among all countries - $27.3B. Canada follows with $3.53B and United Kingdom with $2.26B.
- Total Funding
Country | Total Funding |
|---|---|
United States | $27.3B |
Canada | $3.53B |
United Kingdom | $2.26B |
Germany | $767M |
France | $761M |
India | $697M |
Sweden | $411M |
Netherlands | $299M |
Spain | $172M |
Italy | $110M |
Total funding amount raised by stage in the Circular Economy sector
Over the last 10 years, the Circular Economy sector have seen $1.89B into Seed Stage funding rounds, $12.7B into Early Stage funding rounds and $15.8B go into Late Stage funding rounds.
Funding Stage | Total Funding |
|---|---|
Late Stage | $15.8B |
Early Stage | $12.7B |
Debt | $8.63B |
Grant | $2.57B |
Seed Stage | $1.89B |
Post IPO | $1.52B |
PE | $454M |
Other-Equity | $298K |
Recent Funding Rounds in Circular Economy
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 8957 | Mar 30, 2026 | ||
Seed | 9402 | Mar 25, 2026 | ||
Series A | 3876 | Mar 24, 2026 | ||
Seed | 2925 | Mar 24, 2026 | and 2 more | |
Series B | 5533 | Mar 19, 2026 | - |
Top Investors in Circular Economy
Investor | Location | Top Portfolio Companies |
|---|---|---|
Oak Ridge (United States) | ||
Arlington (United States) | ||
Brussels (Belgium) | ||
Sunnyvale (United States) |
M&A activity in Circular Economy
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Feb 06, 2026 | ||
Business Acquisition | Feb 02, 2026 | ||
Business Acquisition | Jan 19, 2026 | ||
Business Acquisition | Jan 14, 2026 | ||
Business Acquisition | Dec 22, 2025 |
Acquisition trends in Circular Economy
Here are the acquisition trends in Circular Economy:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 4 |
2025 | 20 |
2024 | 26 |
2023 | 42 |
2022 | 28 |
2021 | 21 |
2020 | 17 |
2019 | 18 |
2018 | 8 |
2017 | 7 |
IPOs in Circular Economy
Company | IPO Date | Exchange Symbol |
|---|---|---|
Sep 30, 2025 | National Stock Exchange (NSE) | |
Jan 22, 2025 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Dec 27, 2024 | National Stock Exchange (NSE), Bombay Stock Exchange (BSE) | |
Nov 26, 2024 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Nov 15, 2024 | Madrid Stock Exchange (BME) |
Colleges which produce the most Circular Economy companies
Companies founded by alumni from top colleges in the Circular Economy sector
Most number of Circular Economy startups have been founded by alumni from Stanford University, Massachusetts Institute of Technology and University of Cambridge.
College | No. of companies |
|---|---|
Stanford University | 45 |
Massachusetts Institute of Technology | 43 |
University of Cambridge | 36 |
Imperial College London | 33 |
Harvard University | 32 |
University of California (Berkeley) | 29 |
Cornell University | 28 |
Columbia University | 21 |
University of Oxford | 18 |
University of Pennsylvania | 18 |
Total funding in companies founded by alumni from top colleges in the the Circular Economy sector
In the last 10 years, Stanford University graduates' Circular Economy companies have raised the most funding among top colleges. Massachusetts Institute of Technology alumni are second, and Cornell University alumni are third.
College | Total Funding |
|---|---|
Stanford University | $5.96B |
Massachusetts Institute of Technology | $3.44B |
Cornell University | $1.28B |
Harvard University | $969M |
Stanford Business School | $969M |
University of Pennsylvania | $966M |
University of Oxford | $618M |
University of California (Berkeley) | $367M |
University of Cambridge | $355M |
Imperial College London | $342M |
