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.
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