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The latest company updates from Cyclic Materials.

InMotion Ventures Invests $2 Million in Cyclic Materials, Extending Series B to $55 Million

TORONTO – January 23, 2025 – Cyclic Materials, the advanced recycling company building a circular supply chain for Rare Earth Elements and other critical materials, today announced a $2 million investment from InMotion Ventures, the investment arm of Jaguar Land Rover (JLR). This latest backing lifts the company’s Series B round to $55 million, underscoring its critical role in advancing sustainable supply chains for the automotive industry and beyond.

Cyclic Materials

January 23rd, 2025

Cyclic Materials Secures Multi-Year Agreement to Supply Recycled Copper to Global Natural Resources Company Glencore

Cyclic Materials will supply Copper from its Spoke operations to Glencore’s copper recycling operation in Quebec, Canada

Cyclic Materials

December 11, 2024

Cyclic Materials Secures USD $53M Series B Funding to Accelerate Global Expansion of Rare Earth Recycling Infrastructure

Cyclic Materials, the advanced recycling company creating a circular supply chain for rare earth elements (REEs) and other critical materials, today announced it has successfully closed an oversubscribed USD $53 million Series B equity round.

Cyclic Materials

September 25, 2024

Cyclic Materials and SYNETIQ Sign Agreement To Recycle Rare Earth Elements from Vehicle Motors

The agreement will advance circularity by recovering rare earth elements from end-of-life vehicle motors, enhancing resource efficiency and reducing environmental impact

Cyclic Materials

August 8, 2024

Microsoft Makes Strategic Investment in Cyclic Materials to Accelerate Climate Tech Innovation

Cyclic Materials has developed technology, the CC360™ specifically to optimize rare-earth recovery from hard drives that has been field tested by major electronics recycler

Cyclic Materials

July 16, 2024

Solvay and Cyclic Materials sign supply agreement for recycled mixed rare earth oxide

Cyclic Materials to supply Solvay’s plant in La Rochelle, France for further separation and purification from its new Hub100 facility in Ontario, Canada

Cyclic Materials

June 18, 2024

Cyclic Materials Opens "Hub100" Facility for Production of Recycled Mixed Rare Earth Oxide

Kingston, Ontario-based plant demonstrates the scalability of company’s proprietary REEPureTM technology, establishing the first facility to produce recycled Mixed Rare Earth Oxide (rMREO) in North America.

Cyclic Materials

June 6, 2024

Cyclic Materials Expands Leadership Team For Next Phase Of Growth

Kunal Phalpher and Debra Palen will facilitate the strategic development of the metal recycling company toward commercial scale.

Cyclic Materials

May 7, 2024

Cyclic Materials and VACUUMSCHMELZE Partner to Recycle Critical Magnet Manufacturing By-products

Agreement Advances Sustainable Supply Chain for Materials Crucial to the Global Energy Transition.

Cyclic Materials

March 18, 2024

Cyclic Materials Announces Capacity To Recycle Wind Turbine Generators and MRI Machines

The advanced metals recycling company now accepts two new feedstock streams to recover rare earth elements and other critical metals

February 27, 2024

Cyclic Materials Opens Pilot Plant, Demonstrates 8000 Tonnes Annual Magnet Recycling Capacity

The new pilot plant scales the advanced metals recycling company’s proprietary Mag-Xtract(TM) technology to near commercial size

Cyclic Materials

December 12, 2023

Cyclic Materials Appoints Clean Technology Expert Kunal Phalpher to Advisory Board

Kunal Phalpher joins the Cyclic Materials team to provide strategic commercial and business development strategy guidance.

Cyclic Materials

September 13, 2023

Cyclic Materials Raises $27m Series A to Scale Advanced Critical Metals Recycling Technology

Cyclic Materials announces it has raised $27 million in an oversubscribed Series A financing amongst excitement of new partnerships with EIP, BiV, Fifth Wall, and BIC.

Cyclic Materials

April 25, 2023

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