Cyclic Materials
Cyclic Materials is an advanced recycling company building a circular supply chain for rare earth elements and critical materials. They utilize proprietary technologies to sustainably recover these materials from end-of-life products like electric vehicles and wind turbines, addressing the growing need for sustainable rare earth sourcing. This process offers significant environmental benefits compared to traditional mining.
Buy Funded Startups lists
Funding Round: Series B
Funding Amount: $53M
Date: 25-Sep-2024
Investors: ArcTern Ventures, BDC Capital’s Climate Tech Fund, Hitachi Ventures, Zero Infinity Partners, Climate Investment, Microsoft’s Climate Innovation Fund, Fifth Wall, BMW i Ventures, Energy Impact Partners, Planetary Technologies
Markets: Cleantech, Recycling, Rare Earth Elements, Renewable Energy Semiconductor Manufacturing
HQ: Toronto, Ontario, Canada
Founded: 2021
Website: https://www.cyclicmaterials.earth/
LinkedIn: https://ca.linkedin.com/company/cyclic-materials
Twitter: https://twitter.com/CyclicMaterials
Facebook: https://www.facebook.com/CyclicMaterials
Crunchbase: https://www.crunchbase.com/organization/cyclic-materials
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