The Venture Codex Logo

The Venture Codex

Reneonix

1st Floor, PLOT.NO.129, SF.NO.885/1, III RD CROSS, Avadi, Ambattur, Tiruvallur, Ambattur, Tamil Nadu, 600054, India

Overview

Founded in 2023 by Iwan Richard, Karthik Sankar, Varun Pandithurai and Mohammad Mohiyeddin, Reneonix provides an end-to-end platform that collects, sorts, processes and transports post-consumer glass while offering detailed reporting so brands can plug circular raw materials into their supply chains. The company’s initial focus is on building hardware and material-science innovations that turn waste glass into reusable inputs. Beyond standard cullet, the team is developing higher-margin derivatives such as foam glass to expand monetisation opportunities. Funds are being channelled into R&D to advance commercial prototypes and pilot deployments. Reneonix is currently pre-revenue and is running pilots with prospective customers. The company positions itself as critical infrastructure that helps packaging manufacturers meet sustainability targets and circular-economy mandates.

Total raised
$0M
Funding rounds
1
Latest round
Seed
Latest activity
Feb 2026

Industries

  • Environmental Engineering
  • Recycling
  • Waste Management
Visit website

Recent funding

  1. Seed

    Feb 2026

    $0M

Team

No current team members are available.