Cyclic Materials (Seed)
Funding Details
Awarder
RSS - climateinsider.com
Date Award
August 22, 2024
Vertical
Recycling
Company Info
Founding Year
2021
Traction
Cyclic Materials has signed a partnership with SYNETIQ to recycle electric motors containing rare earth elements, marking its first overseas feedstock contract.
Organizations Involved
SYNETIQ, IAA
Founders
Patrick Nee
Market
Electric Vehicles
Location
Kingston, Ontario, Canada
Company Description

Cyclic Materials recycles rare earth elements from magnet-containing products for sustainability.