Grensol obtains the CHF 150,000 Kick to recover essential raw materials from recycling waste
21.11.2024
Swiss Cleantech startup Grensol has received the CHF 150,000 investment from Venture Kick to scale its novel emissions-free plastic waste-to-materials technology.
 Grensol CEO Rajiv Singhal and CFO Marc Ocskay
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Nearly 20% of a car’s weight becomes waste when being recycled, primarily composed of mixed plastics, metal fragments, and crushed glass, which make up. This waste is often incinerated with municipal solid waste or sent to landfills, resulting in high costs for recycling companies and contributing to pollution and carbon emissions. At the same time, the demand for materials to support the clean energy transition is placing additional pressure on limited natural resources.
Grensol’s proprietary solution addresses both issues by converting recycling residues into functional raw materials that replace virgin-source materials while avoiding costly and harmful waste disposal methods. The startup is expanding this approach to other waste streams, such as electronic scrap and demolition waste plastics, by implementing compact, efficient systems directly at existing industrial sites to maximize resource recovery and minimize waste.
Grensol’s solution has the potential to convert over 80 million tons of waste annually into affordable, emissions-free raw materials while preventing more than 500 million tons of carbon emissions each year. The company targets a USD 90 billion market opportunity in new materials and waste disposal savings, contributing significantly to sustainability efforts.
The company is currently implementing the initial phase of its solution for metals and minerals recovery with its Swiss demonstration plant in Canton Solothurn, located on HIAG’s redevelopment site of the former Biberist Paper Mill.
Grensol will employ the CHF 150’000 from Venture Kick to accelerate the development of its solution for car recycling waste and broaden its reach to other waste streams, contributing to a robust circular economy in Switzerland and beyond.
The founding team includes CEO Rajiv Singhal, CFO Marc Ocskay, and CTO Dr. Marco Ziegler, and is supported by Dr. Silvan Suter as an R&D Project Manager and CBO Federico Bussmann. With their combined expertise in leadership, finance, technology, research, and business development, they are focused on a more sustainable waste-free future.
“Venture Kick has been an incredible partner in our entrepreneurial journey, accelerating our growth with vital early-stage funding, insightful feedback from its well-qualified jury members, and exciting opportunities like the AMAG Sustainability Challenge,” mentioned Rajiv Singhal. “They have truly helped us kickstart our vision and take it to the next level!”
Grensol's CEO Rajiv Singhal and CFO Marc Ocskay (left), and CTO Marco Ziegler (right)
Grensol’s proprietary solution addresses both issues by converting recycling residues into functional raw materials that replace virgin-source materials while avoiding costly and harmful waste disposal methods. The startup is expanding this approach to other waste streams, such as electronic scrap and demolition waste plastics, by implementing compact, efficient systems directly at existing industrial sites to maximize resource recovery and minimize waste.
Grensol’s solution has the potential to convert over 80 million tons of waste annually into affordable, emissions-free raw materials while preventing more than 500 million tons of carbon emissions each year. The company targets a USD 90 billion market opportunity in new materials and waste disposal savings, contributing significantly to sustainability efforts.
The company is currently implementing the initial phase of its solution for metals and minerals recovery with its Swiss demonstration plant in Canton Solothurn, located on HIAG’s redevelopment site of the former Biberist Paper Mill.
Grensol will employ the CHF 150’000 from Venture Kick to accelerate the development of its solution for car recycling waste and broaden its reach to other waste streams, contributing to a robust circular economy in Switzerland and beyond.
The founding team includes CEO Rajiv Singhal, CFO Marc Ocskay, and CTO Dr. Marco Ziegler, and is supported by Dr. Silvan Suter as an R&D Project Manager and CBO Federico Bussmann. With their combined expertise in leadership, finance, technology, research, and business development, they are focused on a more sustainable waste-free future.
“Venture Kick has been an incredible partner in our entrepreneurial journey, accelerating our growth with vital early-stage funding, insightful feedback from its well-qualified jury members, and exciting opportunities like the AMAG Sustainability Challenge,” mentioned Rajiv Singhal. “They have truly helped us kickstart our vision and take it to the next level!”
Grensol's CEO Rajiv Singhal and CFO Marc Ocskay (left), and CTO Marco Ziegler (right)