Cyclic Materials

Environmental ServicesSeries CToronto, Canadacyclicmaterials.earth

Latest round

Series C

Last raised

Jan 2026

Total raised

$157M

Investors

15

About Cyclic Materials

Based in Toronto, Canada and founded in 2021, The founder Ahmad Ghahreman serving as CEO. Cyclic Materials Inc. operates as an environmental service company that provides recycling solutions for the recovery of scarce earth elements. In January 2026, Cyclic Materials Inc. Cyclic Materials provides recycling services in order to create a circular supply chain. Its platform has developed a method for recovering critical rare earth elements from advanced magnets and reintroducing them into the manufacturing cycle. By utilizing waste disposal-bound materials and recovering vital metals, companies can reduce their carbon footprint, minimize mining activities, and increase local supply. As a result, the supply chain for wind turbines, electric vehicles, and electronics become more sustainable, with lower CO2 emissions.

Who invested in Cyclic Materials

15 investors across 5 rounds

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Funding rounds

  1. Series C

    Jan 23, 2026

    Amount

    $75M

    Investors

    Locked

  2. Series B

    Apr 1, 2025

    Amount

    Undisclosed

    Investors

    Locked

  3. Series B

    Jan 23, 2025

    Amount

    $2M

    Investors

    Locked

  4. Series B

    Sep 25, 2024

    Amount

    $53M

    Investors

    Locked

  5. Series A

    Apr 25, 2023

    Amount

    $27M

    Investors

    Locked

Questions about Cyclic Materials

Who invested in Cyclic Materials?

Cyclic Materials has 15 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Cyclic Materials raised?

Cyclic Materials has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Cyclic Materials last raise money?

Cyclic Materials's most recent round on record is a Series C, in Jan 2026.

What does Cyclic Materials do?

Based in Toronto, Canada and founded in 2021, The founder Ahmad Ghahreman serving as CEO.

Where is Cyclic Materials headquartered?

Cyclic Materials is headquartered in Toronto, Canada.

Which VCs invest in companies like Cyclic Materials?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back environmental services companies at Cyclic Materials's stage. Their profiles are linked below.

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