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 says its 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,” says the recycling research firm.

Founded in 2021 and led by CEO by 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.”

Uplift360 also says its technology can extract marketable materials from products including body armor, wind turbines and aircraft components. Tied to the funding effort, Promus Ventures’ Partner Jeremy Teboul and Vice President Estelle Godard have joined Uplift360’s board of directors.

The European 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 onsite recycling facilities designed to minimize disposal costs and reclaim material for their production processes.

“We founded Uplift360 to solve the dual challenge of resource scarcity and environmental harm caused by advanced material waste,” says co-founder Staincliffe. “Our technology doesn’t just solve a technical problem—it unlocks an entirely new value chain for industries transitioning to a circular economy.”

Remarks Teboul of Promise Ventures, “Uplift360 is tackling a critical and often overlooked problem in sustainability. Its recycling process is not only a technical achievement, but also a practical and scalable solution for industries striving to reduce waste and environmental impact.”