Rare earth element recycler Cyclic Materials to expand after $53M Series B funding round
September 27, 2024
A Canadian company called Cyclic Materials is working to create a circular supply chain for rare earth elements (REEs) using advanced recycling processes. The company just secured $53 million via a Series B equity round to accelerate its global expansion and recycling infrastructure.
Cyclic Materials was founded in Toronto in the fall of 2021 following a successful seed round. From there, the Rare…
