An advanced recycling company targeting the critical minerals space has so far raised more than US$80 million to build a circular supply chain for Rare Earth Elements. Now, Toronto’s Cyclic Materials is the one doing the investing. Cyclic this week announced it has invested over US$20M into its first commercial facility outside of Canada. Located […]
Cyclic Materials
Cyclic Materials Secures Another $2M to Expand Its Recycling Tech Everywhere
An advanced recycling company targeting the critical minerals space has raised another $2 million in capital as the market for its innovative technology expands. Toronto’s Cyclic Materials, a firm building a circular supply chain for Rare Earth Elements, garnered the funds from InMotion Ventures, the investment arm of Jaguar Land Rover. The $2M builds on […]
U.S. Cleantech CEO Wonders: Has Canada’s Innovation Pipeline Begun to Lose Momentum?
The 2025 edition of the Global Cleantech 100 list has been revealed. Since 2009 the annual ranking, hosted by San Francisco research firm Cleantech Group, identifies 100 private companies positioned to make impacts in the clean technology sector over the next few years. Canada, among those at the forefront of energy transitions aiming for “Net […]
Cyclic Materials Closes $53M Series B to Expand Rare Earth Recycling Operations
Toronto-based Cyclic Materials, an advanced recycling company focused on creating a circular supply chain for rare earth elements (REEs) and other critical materials, has successfully closed an oversubscribed USD $53 million Series B equity round. This latest funding, led by ArcTern Ventures, brings the company’s total equity raised to over USD $83 million. New investors […]