Cyclic Materials (Equity Investment)

Funding Details
Awarder
RSS - climateinsider.com
Date Award
July 26, 2024
Vertical
Recycling
Funding URL
View Funding Page

Company Info
Founding Year
2021
Traction
Cyclic Materials recently opened its Kingston-based 'Hub100' plant, deploying its proprietary hydrometallurgical technology, REEPure, to meet the increasing demand for domestic sources of mixed rare earth oxide (MREO) in North America.
Organizations Involved
Microsoft, Sims Lifecycle Services (SLS)
Founders
Ahmad Ghahreman
Company Description
Cyclic Materials recycles rare earth elements from magnet-containing products for sustainability.
Market
Climate Tech
Location
Toronto, Ontario, Canada
Coinvestors
Microsoft's Climate Innovation Fund

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