Reneonix builds recycling infrastructure to turn used glass into factory-grade raw material
The Chennai-based company runs collection, sorting, processing and reporting for packaging brands and manufacturers, and raised Rs 1.7 crore in a pre-seed round in February 2026.
Reneonix, a company founded in Chennai in 2023 by Iwan Richard, Karthik Sankar, Varun Pandithurai, and Mohammad Mohiyeddin, is developing recycling infrastructure to turn used glass into factory-grade raw material. The company's mission is to build circular materials infrastructure for the packaging industry, beginning with glass and eventually expanding into other difficult-to-recycle streams.
Reneonix offers a service called Recycling Infrastructure as a Service, which includes collection, sorting, processing, logistics, and reporting for brands and manufacturers. Their technical approach involves AI-led sorting, a traceability framework for quality assurance and compliance, and material science work to convert post-consumer waste into specification-grade raw material.
The company has raised about ₹1.7 crore in a pre-seed round led by Inflection Point Ventures. Reneonix aims to expand into higher-value glass derivatives and plans to replicate its operating model city by city through local material recovery and logistics partnerships.
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