# Botree Cycling

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/botree-cycling

- Industry: Environmental Services
- Headquarters: Suzhou, China
- Website: www.botree.tech
- Total disclosed funding: $1.4M
- Latest round: Series B (Jun 4, 2025)
- Investors on record: 7

## About

Established in 2019 and based in Suzhou, China, Botree Cycling is an equipment developer that provides power battery recovery equipment. The company’s core team members are composed of experts from the Chinese Academy of Sciences, Catholic University of Leuven, Changsha Research Institute of Mining Ao and Metallurgy, etc. In 2021, it established subsidiaries in Germany and Singapore. In 2022, it established a US division. It has cooperated with Ant Group, VERRA and others. In June 2025, Botree Cycling closed a series B+ funding from new investor Tppoly Capital. The company's main products include dismantling and crushing equipment, metal extraction equipment and separation and purification equipment. The dismantling and crushing equipment realize the harmlessness of organic components and the resource recovery of valuable metals through efficient shredding, low temperature cracking, screening and other sections. The company generates revenue by providing power battery recycling solutions. The company will use the series B+ funding for product research and development, and overseas project cooperation.

## Funding rounds

- Series B, Jun 4, 2025 — Tppoly Capital
- Series B, Jan 7, 2025 — Sinopec Haihe Capital
- Series A, Oct 20, 2022, $1.4M — Casstar Capital, MiraclePlus, Zhidao Capital, Wuzhong Financial Holdings Capital
- Angel, Nov 22, 2019 — Casstar Capital, Stargeek Capital
- Seed, Sep 24, 2019 — MiraclePlus

## Investors

- MiraclePlus (https://capitalatlas.ai/funds/miracleplus) — Seed, Series A
- Casstar Capital (https://capitalatlas.ai/funds/casstar-capital) — Angel, Series A
- Stargeek Capital — Angel
- Zhidao Capital (https://capitalatlas.ai/funds/zhidao-capital) — Series A
- Wuzhong Financial Holdings Capital (https://capitalatlas.ai/funds/wuzhong-financial-holdings-capital) — Series A
- Sinopec Haihe Capital (https://capitalatlas.ai/funds/sinopec-haihe-capital) — Series B
- Tppoly Capital (https://capitalatlas.ai/funds/tppoly-capital) — Series B