Cyclic Materials

A circular supply of critical materials.

Toronto, Canada · Founded 2021 · $128.0M raised

Headquarters
Toronto
Employees
51–200
Founded
2021
Business Model
B2B
Total Funding
$128.0M
Last Round
$75.0M Series CJan 2026
Rounds
2

About

Cyclic Materials recovers rare earth elements (REEs) and other critical materials from end-of-life products using its proprietary MagCycle and REEPure technologies. The company builds a circular supply chain that reduces reliance on newly mined materials, cutting CO₂ emissions by up to 61.2% compared to traditional mining. Cyclic partners with automotive, renewable energy, and technology sectors to deliver high-quality recycled critical materials at commercial scale.

Summary

Cyclic Materials is a Clean Tech company based in Toronto, Canada, founded in 2021. It has raised $128.0M in total across 2 rounds, most recently a $75.0M Series C round in Jan 2026. Investors include Arctern Ventures.

Tech & App Stack

8 technologies & apps tracked

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Funding History

Series CSeries CJan 2026
$75.0M

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Investors

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