Nth Cycle (Series B)

Funding Details
Awarder
Greentown
Date Award
June 13, 2024
Vertical
Electricity
Funding URL
View Funding Page
Funding Amount:
$44,000,000

Company Info
Founding Year
2017
Traction
Nth Cycle has achieved significant milestones, including closing a $44 million Series B funding round, receiving a $7.2 million 48C Tax Credit Allocation from the U.S. Department of Energy, and beginning commercial operations of its electro-extraction critical mineral collector.
Organizations Involved
U.S. Department of Energy, BloombergNEF, World Economic Forum
Founders
Megan O'Connor
Company Description
Nth Cycle is a metal processing technology company working with battery recyclers and miners to recover production-grade critical minerals.
Market
Metals Processing
Location
Fairfield, OH, US
Coinvestors
U.S. Department of Energy, BloombergNEF

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