New Start-ups Enter the Circular Economy’s Innovation Hub, Often Dubbed the ‘Silicon Valley’ of Recycling

The Circular Valley initiative in Germany has recently launched a new round of its funding program with the goal of creating a ‘Silicon Valley of the circular economy’ in the heart of Europe. Established by the Circular Valley Foundation in 2021, the initiative aims to close material loops along existing value chains, create policy recommendations, and educate the public about the circular economy.

Among the current members of Circular Valley are major companies like BASF, Bayer, Evonik, Knipe, and Vorwerk, as well as renowned scientific institutions such as the Fraunhofer Umsicht Institute, the Max Planck Society, and the Wuppertal Institute. Over 100 start-ups from around the world have been supported by Circular Valley, bringing their innovative ideas to the Rhine-Ruhr region.

The latest cohort of start-ups comprises 15 teams from countries like Egypt, Chile, India and across Europe. These start-ups will spend three months in the Rhine-Ruhr region refining their business models starting in April. As part of the programme

By Sophia Gonzalez

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