Green Wave Electronics

Green Wave Electronics, previously known as QGistix, is an Indiana-based logistics and e-waste recycling company. The company primarily provides third-party logistics (3PL) solutions such as downstream and upstream services including distribution, return material authorization management (RMA), repair, and refurbishment for customers in the electronics industry. 

The company began focusing on recycling and waste management of electronic waste after acquiring startup Green Wave Computer Recycling in August 2021, following which it changed its name to Green Wave Electronics from QGistix.The company’s recycling service includes collecting all types of e-waste including computers, monitors, TVs, and printers as well as processing them into useful materials including recycled steel and grounded plastic to be used as raw materials for manufacturing new products such as furniture, or even vehicles. In certain instances, the recycled materials are sent off for further processing in the US or in Europe. The company provides on-demand and customizes e-waste management services to businesses and claims that its audited recycling process adheres to data security compliance requirements and policies. The company does not charge disposal fees on the waste with an aim of promoting electronic recycling. As of July 2022, Green Wave Electronics has diverted 23 million pounds of e-waste from landfills.

In July 2022, the company opened three new branches in Illinois, New Jersey, and Texas, which would expand its recycling services across the Northeast, Upper Midwest, and Southcentral regions, allowing it to serve customers in 15 additional states. As of 2021, post-acquisition, the company operated over 300,000 square foot facilities to manage e-waste.

The company’s last round of funding was in March 2015, where it raised USD 3.5 million in venture funding.