Cyclic Materials

📍 Toronto, Canada🗓 Founded 2021👥 48 employees💰 Last funded Sep 2024
Renewable Energy Semiconductor Manufacturing🌐 cyclicmaterials.earth
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Cyclic Materials transforms yesterday’s waste into tomorrow’s critical materials. We’re creating a circular supply chain for the rare earth elements and critical materials that power our global economy, without compromising quality or environmental impact. Our proprietary two-phase process is unlocking value from discarded waste. Our REEPure™ technology simplifies the separation of rare earth magnets and critical metals from end-of-life electric vehicles, consumer electronics, wind turbines, and MRIs. Then our REEPure™ technology restores those valuable materials back to their raw form, unlocking new revenue streams for metal buyers and feedstock companies. We are the only high-tech recycling company offering a scalable, efficient, and low-carbon recycling solution that complements mining on both quality and cost, and mitigates the risks associated with extraction. Cyclic Materials is setting a high bar for sustainable resource recovery. We’ve solved the barriers to creating a circular economy for rare earths, and our transparent, data-driven approach ensures the highest standards of sustainability and traceability, including rigorous Scope 3 carbon tracking and water efficiency. With USD $83.5M in funding, including USD $53M in Series B funding backed by partners like Microsoft and BMW i Ventures, we’re scaling our recycling infrastructure across North America and Canada to meet global demand. Cyclic Materials is establishing a more resilient, domestic supply chain for rare earths and critical metals, providing opportunity and value for global industries.
7
Total investors
4
Early stage
3
Mid stage
0
Late stage
2021
Founded

Investors

7 investors
All
Early stage
Mid stage
Late stage
Investor geography3 countries
United States
5
United Kingdom
1
Canada
1
Investor activity2023–2024 · investors recorded per year
2023420243
Recent (last 2y)Earlier
Frequently asked questions
Who invested in Cyclic Materials?
Cyclic Materials has 7 investors on record on gritt.io, including 4 early-stage backers, 3 mid-stage.
When did Cyclic Materials last raise funding?
The most recent investment in Cyclic Materials recorded on gritt.io was in September 2024.
When was Cyclic Materials founded?
Cyclic Materials was founded in 2021.
What industry is Cyclic Materials in?
Cyclic Materials operates in Renewable Energy Semiconductor Manufacturing. Find similar Renewable Energy Semiconductor Manufacturing investors on gritt.io.
Where is Cyclic Materials based?
Cyclic Materials is headquartered in Toronto, Canada.