Cyclic Materials Overview

  • Year Founded
  • 2021

Year Founded

  • Status
  • Private

  • Employees
  • 113

Employees

  • Latest Deal Type
  • Series C

  • Latest Deal Amount
  • $145M

  • Investors
  • 22

Cyclic Materials General Information

Description

Provider of recycling services intended to offer a circular supply chain for recovering critical rare earth elements and support the electrification of the economy. The company's platform focuses on recycling rare earth magnets from various sectors, including automotive and renewable energy, enabling businesses to supply wind turbines, electric vehicles, and electronics segments by reducing emissions, minimizing mining, and increasing local supply with landfill-bound products and recovering their critical metals.

Contact Information

Website
www.cyclicmaterials.earth
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 400 - 70 Bond Street
  • Toronto, Ontario M5B 1X3
  • Canada
+1 (877)
Primary Industry
Environmental Services (B2B)
Other Industries
Other Commercial Services
Precious Metals and Minerals Mining
Other Metals, Minerals and Mining
Vertical(s)
CleanTech, Climate Tech
Corporate Office
  • 400 - 70 Bond Street
  • Toronto, Ontario M5B 1X3
  • Canada
+1 (877)

Cyclic Materials Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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Cyclic Materials Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Later Stage VC (Series C) 29-Sep-2026 $145M Completed Generating Revenue
7. Early Stage VC (Series B) 23-Jan-2025 Completed Generating Revenue
6. Grant 16-Jul-2024 Completed Generating Revenue
5. Early Stage VC (Series A) 31-Aug-2023 Completed Generating Revenue
4. Accelerator/Incubator 01-Jan-2023 Completed Generating Revenue
3. Early Stage VC 01-Jan-2023 Completed Startup
2. Accelerator/Incubator 19-Dec-2022 Completed Startup
1. Seed Round 01-Jan-2021 Completed Startup
To view Cyclic Materials’s complete valuation and funding history, request access »

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Cyclic Materials Patents

  • 12

    Total Documents Applications and Grants

  • Total Patents Families

  • 2

    Granted

  • 9

    Pending

  • Expiring in next 12 mo

Cyclic Materials Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
WO-2026125940-A2 Recycling of metals from haptic feedback module of a portable electronic device Pending 12-Dec-2024
WO-2026125940-A3 Recycling of metals from haptic feedback module of a portable electronic device Pending 12-Dec-2024
US-20260346310-A1 System and method for extracting magnets from a variety of hard drives Pending 30-Apr-2024
WO-2025229540-A1 System and method for extracting magnets from a variety of hard drives Pending 30-Apr-2024
AU-2023293485-A1 System and method for recycling magnetic material and rare earth elements contained therein Active 14-Jun-2022 C22B7/007
To view Cyclic Materials’s complete patent history, request access »

Cyclic Materials Signals

Growth Rate

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Growth
Weekly Growth

Size Multiple

Median
Size Multiple

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Cyclic Materials Investors (22)

Investor Name Investor Type Holding Investor Since Participating Rounds
Canada Growth Fund Asset Manager Minority
ERI (Fresno) PE-Backed Company Minority
T. Rowe Price Group Asset Manager Minority
ArcTern Ventures Venture Capital Minority
BDC Capital Growth/Expansion Minority
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Cyclic Materials FAQs

  • When was Cyclic Materials founded?

    Cyclic Materials was founded in 2021.

  • Where is Cyclic Materials headquartered?

    Cyclic Materials is headquartered in Toronto, Canada.

  • What is the size of Cyclic Materials?

    Cyclic Materials has 113 total employees.

  • What industry is Cyclic Materials in?

    Cyclic Materials’s primary industry is Environmental Services (B2B).

  • Is Cyclic Materials a private or public company?

    Cyclic Materials is a Private company.

  • What is Cyclic Materials’s current revenue?

    The current revenue for Cyclic Materials is .

  • How much funding has Cyclic Materials raised over time?

    Cyclic Materials has raised $228M.

  • Who are Cyclic Materials’s investors?

    Canada Growth Fund, ERI (Fresno), T. Rowe Price Group, ArcTern Ventures, and BDC Capital are 5 of 22 investors who have invested in Cyclic Materials.

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