Recyc’ELIT

Chasse-sur-rhone, France Founded: 2019 • Age: 7 yrs
Polyester-based textiles are recycled through a patented low-carbon process.
Annual revenue - Latest available
Total funding $3.4M 3 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About Recyc’ELIT

Recyc’ELIT is a company based in Chasse-sur-rhone (France) founded in 2019 by Raouf Medimagh and Karim Medimagh. Recyc’ELIT has raised $3.39 million across 3 funding rounds from investors including Decathlon, European Union and Demeter. Recyc’ELIT offers products and services including Recycled Polyester Granules and Textile Recycling Process. Recyc’ELIT operates in a competitive market with competitors including Martex Fiber, Rester, BlockTexx, Revolution-ZERO and ECOMMIT, among others.

  • Headquarter Chasse-sur-rhone, France
  • Founders Raouf Medimagh, Karim Medimagh
  • Sectors
    Environment
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
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  • Net Profit
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  • EBITDA
    Not available
  • Total Equity Funding
    $3.39 M (USD)

    in 3 rounds

  • Latest Funding Round
    Not available
  • Investors
    Decathlon

    & 3 more

  • Employee Count
    Not available
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Products & Services of Recyc’ELIT

Recyc’ELIT offers a comprehensive portfolio of products and services, including Recycled Polyester Granules and Textile Recycling Process.

Product name locked
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Primary

Granules produced from chemical recycling of polyester textiles

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Innovative method to separate and reuse textile components

Funding Insights of Recyc’ELIT

Recyc’ELIT has successfully raised a total of $3.39M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Recyc’ELIT

Recyc’ELIT has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Decathlon, European Union and Demeter.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
UI Investissement is engaged in private equity and investment services.
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Demeter is recognized as a leader in biodynamic agriculture certification.
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Sporting goods and apparel are retailed by Decathlon globally.
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Investor details for RecycELIT

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Investments & Acquisitions by Recyc’ELIT

Investments
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Investment portfolio details for RecycELIT

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Financial Statements - RecycELIT

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Detailed financials for RecycELIT

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Recyc’Elit Comparisons

Recyc’ELIT Primary company
Description
Polyester-based textiles are recycled through a patented low...
Location
Chasse-sur-rhone, France
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for RecycELIT

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Competitors of Recyc’ELIT

Recyc’ELIT operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Martex Fiber, Rester, BlockTexx, Revolution-ZERO and ECOMMIT, among others.

Company Name Domain Founded year HQ Location Description
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Fibre and textile recycling services are provided by Martex Fiber.
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Waste textiles are managed through specialized services in Finland.
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Textile waste recycling services are provided by BlockTexx.
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Provider of textiles recycling services
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Waste recycling services are provided in Japan by ECOMMIT.
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Detailed competitors of RecycELIT

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Latest news on Recyc’Elit

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Complete news archive for RecycELIT

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Frequently Asked Questions about Recyc’ELIT

Recyc’ELIT was founded in 2019 and raised its 1st funding round 4 years after it was founded.

Recyc’ELIT is headquartered in Chasse-sur-rhone, France. It is registered at Chasse-sur-rhone, Rhone, France.

Recyc’ELIT is a funded company, having raised a total of $3.39M across 3 funding rounds to date.

RecycElit was founded in 2019 as a startup in the textile recycling sector. A patented low-carbon process is utilized for recycling polyester-based materials. Selective chemical separation of polyester from other fibers is performed without damage. Operations focus on addressing complex recycling challenges to support the circular economy. Services are provided to industries handling textile waste.

Recyc’ELIT's top competitors include Revolution-ZERO, BlockTexx and ECOMMIT.

Recyc’ELIT offers Recycled Polyester Granules and Textile Recycling Process.

Recyc’ELIT has 4 investors. Key investors include Decathlon, European Union, Demeter, and UI Investissement.

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