Descycle
Latest round
- Series A
Last raised
- Nov 2024
Total raised
- $13M
Investors
- 8
About Descycle
Based in London, UK, and co-founded by Rob Harris in 2018, Argo Natural Resources Ltd. doing business as Descycle operates as a developer of processes and clean technology for metal recovery and recycling. The company is working on the development of low-impact metal processing technologies underpinned by chemistry, under the guidance of the UN Sustainable Development Goals, called deep eutectic solvents (DES). DES is a tailorable method for the recycling and recovery of valuable metals, at low cost and zero emission. Descycle’s solutions aim to eliminate or drastically lower CO2 emissions, remove the need for highly toxic chemicals, replace energy-intensive smelters, and recycle metals efficiently with minimal environmental impact. As of April 2023, the company is working on the recycling processes for applications across the metals industry, including e-waste, battery, and critical metals linked to electrification and electric vehicle. The company plans to utilize its November 2024 grant to advance its DES technology to the industrial level by building both pilot and commercial plants in the UK.
Who invested in Descycle
8 investors across 1 round
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Funding rounds
Series A
Nov 15, 2024
Amount
$13M
Investors
Questions about Descycle
Who invested in Descycle?
Descycle has 8 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Descycle raised?
Descycle has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Descycle last raise money?
Descycle's most recent round on record is a Series A, in Nov 2024.
What does Descycle do?
Based in London, UK, and co-founded by Rob Harris in 2018, Argo Natural Resources Ltd.
Where is Descycle headquartered?
Descycle is headquartered in London, UK.
Which VCs invest in companies like Descycle?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back environmental services companies at Descycle's stage. Their profiles are linked below.
VCs backing environmental services startups at Series A
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