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Cyclic Materials
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Provider of a circular supply chain service platform facilitating the recycling of critical metals

Founded in 2021
Founded in

Company type Private Public ()
Company type

Industry Group waste & recycling

Sector waste management

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Canada Canada
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Updated by at on 12/21/2023

Edited by Cleantech Group on 03/18/2025

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Date Company
12/11/2024

Glencore Glencore

Cyclic Materials will supply at least 10 thousand metric tones of recycled copper to Glencore

Confirmed by Glencore

Partnerships
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Date Partner Type
08/08/2024
SYNETIQ SYNETIQ
Cyclic Materials to recycle rare earth elements with SYNETIQ, an IAA company and the U.K.'s leading integrated vehicle salvage and recycling company.
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Confirmed by SYNETIQ
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IPO INFORMATION

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Date Investors Type Amount
09/25/2024 ArcTern Ventures ArcTern Ventures , BDC Capital BDC Capital , Hitachi Hitachi , Zero Infinity Partners Zero Infinity Partners , Climate Investment Climate Investment , Microsoft Microsoft , Fifth Wall Fifth Wall , BMW i Ventures BMW i Ventures , Energy Impact Partners Energy Impact Partners , Planetary Technologies Planetary Technologies , InMotion Ventures InMotion Ventures (11)
Post-money valuation of
Cyclic Materials will deploy this capital to build rare earth recycling infrastructure in the US and Europe, and grow its team to support its world-class operations.
Series B $55,000,000
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