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.

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

Instagram:

Facebook: https://www.facebook.com/CyclicMaterials

Crunchbase: https://www.crunchbase.com/organization/cyclic-materials

Pitchbook: https://pitchbook.com/profiles/company/496757-62