Cyclic Materials

Creating a Circular Supply Chain for Rare Earth Elements

General Information
Company Name
Cyclic Materials
Founded Year
2021
Location (Offices)
Toronto, Canada +2
Founders / Decision Makers
Number of Employees
54
Industries
Industrial, Sustainability
Funding Stage
Series Unknown
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Cyclic Materials - Company Profile

Cyclic Materials is a Canadian startup founded in 2021 with the aim of "Creating a Circular Supply Chain for Rare Earth Elements." The company's slogan encapsulates its mission to help businesses recycle and provide the market with a secure and local supply of critical metals, all in an ethical, economic, and sustainable manner. Recently, on 25 April 2023, Cyclic Materials secured a substantial $27.00M Series A investment from a noteworthy group of investors including BMW i Ventures, Fifth Wall, Energy Impact Partners, Planetary, and Bioindustrial Innovation Canada. With its commitment to addressing the pressing need for rare earth element recycling and sustainable sourcing, Cyclic Materials presents itself as a promising venture with potential for significant growth and positive environmental impact in the industrial sector.

Taxonomy: Circular Supply Chain, Rare Earth Elements, Cyclic Materials, Recycling Services, Electric Mobility, Cleaner Energy, Wind Turbines, Electric Vehicles, Electronics, CO2 Emissions, Clean Technology, Permanent Magnets, Neo Magnets, Copper, Boron

Funding Rounds & Investors of Cyclic Materials (3)

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Funding Stage Amount No. Investors Investors Date
Venture Round Unknown 1 16 Jul 2024
Series A $27.00M 5 Bioindustrial Innovation Canada 25 Apr 2023
Grant $3.60M 1 17 Feb 2023

Latest News of Cyclic Materials

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No recent news or press coverage available for Cyclic Materials.

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