Cyclic Materials
A circular supply of critical materials.
Toronto, Canada · Founded 2021 · $155.0M raised
- Headquarters
- Toronto
- Employees
- 51–200
- Founded
- 2021
- Business Model
- B2B
- Website
- cyclicmaterials.earth
- Total Funding
- $155.0M
- Last Round
- $75.0M Series CJan 2026
- Rounds
- 3
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 $155.0M in total across 3 rounds, most recently a $75.0M Series C round in Jan 2026. Investors include Arctern Ventures and Energy Impact Partners.
Tech & App Stack
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Funding History
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Jan 2026
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Series A through Series C — per-round amounts, valuations, and who invested in each round.
Investors
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