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Renu Environmental

Peoria, US · Founded 2023 · Delaware LLC

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Renu develops a modular molecular recycling technology (RVRS.X) that breaks down mixed plastic waste into its molecular building blocks to produce Circulon, a circular material used to make virgin-quality plastic resins. The system targets plastic circularity through on-site, decentralized processing for waste and plastics producers.

Founders & leadership

Renu Environmental was founded in 2023 by Dimitri Rakopoulos and Isaac Bennett.

DR
Dimitri RakopoulosCTO & Co-founder
IBIsaac Bennett
Isaac BennettCFO & Co-founder
ASAlex Smith
Alex SmithChief Executive OfficerAlex Smith is CEO and co-founder of Renu Environmental, which develops molecular recycling technology to convert plastic waste into virgin-quality plastic resins. Previously, he founded Adrenaline Motorsports, a high-end auto dealership, co-founded The Bad Dads Club apparel brand, and served as VP of Branding & Partner Strategy at Sports Illustrated Resorts.

Reported raises · per SEC filings

Form D private placements

$1.2M disclosed across 2 rounds · 2023–2026

▶$1.1MraisedMar 2026 · 6 investors · Other
Rule 506(c)
Officers, directors & promoters on the filing
  • Alex SmithExecutive Officer
Offering amount
$20M
Amount sold
$1.1M
Minimum investment
$100K
First sale
Mar 2026
Incorporated
Limited Liability Company, Delaware, 2023
Federal exemptions
06c
Full filing on SEC EDGAR ↗
▶$100KraisedDec 2023 · 1 investors · Other
Rule 506(c)
Officers, directors & promoters on the filing
  • Alexander SmithExecutive Officer
Offering amount
$10M
Amount sold
$100K
Minimum investment
$100K
Proceeds to insiders
$100K
First sale
Nov 2023
Incorporated
Corporation, Delaware, 2023
Federal exemptions
06c
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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Frequently asked questions

What does Renu Environmental do?
Renu develops a modular molecular recycling technology (RVRS.X) that breaks down mixed plastic waste into its molecular building blocks to produce Circulon, a circular material used to make virgin-quality plastic resins. The system targets plastic circularity through on-site, decentralized processing for waste and plastics producers.
Who founded Renu Environmental?
Renu Environmental was founded by Dimitri Rakopoulos, Isaac Bennett in 2023.
How much funding has Renu Environmental raised?
Renu Environmental has disclosed $1.2M raised across 2 rounds.
Where is Renu Environmental headquartered?
Renu Environmental is headquartered in Peoria, US.