Grensol receives CHF 150,000 from Venture Kick to recover valuable raw materials from recycling waste

The recycling of cars produces almost 20 % of waste, consisting mainly of mixed plastics, metal fragments and crushed glass. These waste materials are often incinerated or disposed of in landfill sites. This approach not only generates high costs for recycling companies, but also increases environmental pollution and CO₂ emissions. At the same time, the growing demand for materials needed for the energy transition is putting increasing pressure on scarce natural resources.

Grensol's proprietary solution addresses both challenges by converting recycling residues into functional raw materials that can replace new materials while avoiding expensive and environmentally harmful disposal methods. The company plans to extend this approach to other waste streams such as electronic waste and plastic waste. Compact, efficient systems will be implemented directly at existing industrial sites. In this way, the recovery of resources is maximized and the amount of waste is reduced.

Market potential of USD 90 billion

With its technology, Grensol has the potential to convert more than 80 million tons of waste into cost-effective, emission-free raw materials every year and save over 500 million tons of CO₂ emissions in the process. The company sees a market potential of USD 90 billion for new materials and savings in waste disposal. This represents a significant contribution to global sustainability goals.

The first phase of the solution for recovering metals and minerals is currently being implemented in a Swiss demonstration plant in the canton of Solothurn. This is located on the site of the former Biberist paper mill, which was redeveloped by the real estate development company HIAG.

The goal is a sustainable circular economy in Switzerland

With the support of Venture Kick in the amount of CHF 150,000, Grensol will drive forward the development of its recycling solution for cars and expand its application to other waste streams. The aim is to promote a sustainable circular economy in Switzerland and beyond.

The founding team consists of CEO Rajiv Singhal, CFO Marc Ocskay and CTO Dr. Marco Ziegler. They are supported by Dr. Silvan Suter, Head of Research and Development, and CBO Federico Bussmann. Together, they contribute their expertise in the areas of corporate management, finance, technology, research and business development to shape a more sustainable, waste-free future.

"Venture Kick has provided us with crucial support on our entrepreneurial journey - with the necessary early-stage financing, valuable feedback from the qualified jury and exciting opportunities such as the AMAG Sustainability Challenge," says Rajiv Singhal. "This support has helped us to consistently develop our vision and reach new milestones."

Source: www.venturekick.ch