Recykal raises $23M bridge
Announced 22 June 2026
◆ The Round
Recykal raised $23M in bridge funding, announced on 22 June 2026, led by Ajay Parekh, with participation from Biological E Ltd., 360 ONE, Trinity Combine. The round is tracked live by Fusion42 as part of the Raise fund database and the Scout startup database.
◆ About Recykal
Waste management startup that digitizes recycling through a B2B marketplace and software solutions for tracking plastic and e-waste recycling. Recykal is based in India and currently at bridge stage, operating in Climate Tech, Circular Economy.
◆ Investors
LeadAjay Parekh
ParticipationBiological E Ltd., 360 ONE, Trinity Combine
◆ Market context
This funding event is a citable node in Fusion42's market graph: it links Recykal's Scout profile to the funds behind the round and to related Wire analysis, and is refreshed from public announcements as the round is confirmed or extended. It is the same live market data Arthur reasons over when benchmarking a founder's own raise against what is closing in the market right now.
◆ Explore the market
◆ FAQ
How much did Recykal raise?
Recykal raised $23M in its bridge round, announced 2026-06-22.
Who invested in Recykal's bridge round?
The round was led by Ajay Parekh, with participation from Biological E Ltd., 360 ONE and Trinity Combine.
What does Recykal do?
Waste management startup that digitizes recycling through a B2B marketplace and software solutions for tracking plastic and e-waste recycling.
Verified 22 June 2026 · Sources: public filings