# UpcycleX

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/upcyclex

- Industry: Environmental Services
- Headquarters: Cambridge, US
- Website: https://www.upcyclex.tech/technology/
- Latest round: Seed (Aug 4, 2026)
- Investors on record: 2

## About

Based in Cambridge, Massachusetts, United States, UpcycleX Inc. (dba UpcycleX) is a cleantech company focused on transforming plastic waste into sustainable chemical products through a proprietary electrocatalytic upcycling process. The company develops modular, container-sized production units designed to lower capital costs and enable distributed chemical manufacturing. The company focuses on developing modular upcycling and chemical production systems that transform plastic waste into sustainable chemical products. Its proprietary electrocatalytic technology processes PET waste into commercially valuable compounds while operating under milder conditions than traditional thermal recycling methods. In addition, UpcycleX offers compact, turnkey production units housed in modular, shipping-container-sized facilities, allowing rapid deployment and lower infrastructure costs. The company's revenue is generated by the commercialization of its modular chemical production and recycling systems, as well as the sale of chemicals produced through its proprietary upcycling technology. UpcycleX targets industrial customers seeking lower-cost and more sustainable chemical manufacturing solutions. UpcycleX aims to expand the deployment of its modular chemical production infrastructure and scale its technology globally. The company seeks to accelerate the transition toward a circular chemical economy by increasing the adoption of distributed, low-capital-cost chemical manufacturing systems and advancing sustainable alternatives to conventional petrochemical production.

## Funding rounds

- Seed, Aug 4, 2026 — FuturePlay, Korea Tech Incubator for Startup

## Investors

- FuturePlay (https://capitalatlas.ai/funds/futureplay) — Seed
- Korea Tech Incubator for Startup — Seed