Zincovery

Zincovery is a New Zealand based startup that aims to decarbonize zinc recycling. The company was founded in 2020 and has garnered significant attention with its innovative approach to addressing the environmental challenges associated with zinc recycling. Zincovery is focused on tackling the issue of hazardous dust waste generated from the steel recycling industry, which contains approximately $10 billion USD of zinc. Despite the substantial value, a significant portion of this waste is still landfilled, while the remainder is recycled through an expensive and carbon-intensive process, resulting in zinc with twice the CO2 footprint as mined zinc. The startup secured a $3.00M Seed Round investment on 25 October 2022, attracting backing from prominent investors, including Icehouse Ventures, Climate Venture Capital Fund, Wolfgang Leitner, and K1W1. This investment reflects the confidence of these investors in Zincovery's potential to disrupt and revolutionize the zinc recycling industry. Zincovery is actively developing an efficient and environmentally friendly technology to transform zinc recycling and reduce its environmental impact, aligning with the growing emphasis on sustainability and eco-friendly practices within the industrial sector. With this strong financial support and its commitment to sustainable innovation, Zincovery is positioned to make a meaningful impact on the future of zinc recycling.