Beyond Renewables & Recycling, a pioneering climate-tech startup focused on sustainable and high-value solar panel recycling, has raised pre-seed funding led by Momentum Capital, a US-based venture capital fund.

The investment will accelerate the development of Beyond Renewables’ proprietary recycling technology, strengthen its waste supply chain, and scale operations to address India’s rapidly growing solar waste crisis.

Beyond Renewables addresses this gap through a proprietary, eco-effective recycling process that achieves over 95 percent recovery of high-value materials from end-of-life solar panels.

Using a combination of advanced thermal and chemical treatments, the company extracts aluminum, glass, silicon, copper, and precious metals such as silver with high purity, transforming hazardous waste into a valuable source of sustainably sourced minerals.

Also Read: India is now the Global Hub for Global Capability Centers

Ankur Shrivastava, Managing Partner at Momentum Capital says,"Beyond Renewables’ mission is perfectly aligned with our thesis of investing in companies that solve critical environmental challenges through deep-tech innovation. The solar waste problem is not a distant threat, it’s a present and rapidly escalating issue. The Beyond Renewables team, with their advanced technology and clear go-to-market strategy, is uniquely positioned to dominate this market, which is projected to grow rapidly by 2040 to a Rs.20,000 crore market. We are thrilled to partner with them to build a circular economy for India’s solar industry."

Also Read: Semicon India 2025: Designing A Self-Reliant Semiconductor Hub

Manhar Dixit, CEO of Beyond Renewables & Recycling says, "With India’s solar installations reaching 127.33 GW and a growing panel manufacturing industry, we have a responsibility to ensure sustainability from cradle to grave. This funding led by Momentum Capital is a massive vote of confidence in our technology and our vision. It will enable us to scale operations and provide a comprehensive, environmentally sound solution that turns waste into a national resource. We are not just recycling; we are creating a sustainable future."

Also Read: The Global Fintech Fest 2025: Enabling Finance for Better World

After extensive research and validation, Beyond Renewables has begun commissioning its first industrial-scale facility in Rajasthan. With over 2,000 metric tons of solar waste already in the pipeline, the company is expanding partnerships with module manufacturers, EPC players, and asset owners to secure supply. Supported by IIT Mandi Catalyst and NSRCEL, the startup is also strengthening its sales channels and has secured LOIs from buyers for recycled glass, silicon, and other materials.