Uplift360
Assembly Line
Uplift360 targets niche materials recycling
More than $1 million in funding raised by Luxembourg-based recycling firm Uplift360 will go toward developing chemical recycling technologies for materials such as Kevlar, used in body armor applications, and Twaron, used in cable production and transportation applications. Uplift360’s latest funding round includes support from Chicago-based Promus Ventures and London-based Twin Track.
“This funding will enable Uplift360 to scale its recycling technology and expand its team of scientists as it develops a first-of-its-kind concept demonstrator,” the recycling research firm says.
Founded in 2021 and led by CEO Jamie Meighan and Chief Technology Officer Sam Staincliffe, Uplift360 has operations in Luxembourg and the United Kingdom. The firm says its low-temperature recycling processes address “a critical challenge in European industries” such as defense, aerospace, and automotive, which face growing pressure to reduce waste and environmental impact while retaining access to high-performance materials.
The company cites materials producers, including United States-based DuPont and Japan-based Teijin Ltd., as companies it engages with to develop its emerging materials recycling processes. Uplift360 also says it is working with materials producers to develop on-site recycling facilities designed to minimize disposal costs and reclaim material for their production processes.