Xycle
Latest round
- Seed
Last raised
- Mar 2025
Total raised
- Undisclosed
Investors
- 7
About Xycle
V.V. specializes in chemical recycling, processing 21 kilotons of mixed plastic waste annually at its Rotterdam facility in the Netherlands.Xycle's primary offering revolves around a chemical recycling solution designed to address the global challenge of plastic waste. The company's flagship product is the high-quality feedstock generated from the sustainable processing of 21 kilotons of mixed plastic waste annually at its newly constructed plant in the Port of Rotterdam. Utilizing advanced pyrolysis technology, Xycle converts non-recyclable plastics back into liquid hydrocarbons, which can be used as raw materials in the production of new plastics, thereby facilitating a seamless transition to a circular economy. With a focus on sustainability, Xycle targets clients within the chemical industry, specifically businesses looking to incorporate recycled materials into their manufacturing processes.Xycle generates revenue through direct B2B transactions with clients in the chemical industry who require sustainable feedstock solutions for their production needs. The company's transaction structure typically involves agreements with manufacturers seeking to source high-quality liquid hydrocarbons derived from recycled materials. These partnerships may include long-term contracts or one-off transactions, depending on the clients' requirements. While specific pricing plans are not disclosed, the revenue model is based on the volume of feedstock purchased, establishing a consistent flow of income tied to the demand for sustainable plastics.V. is focused on expanding its product offerings and market presence. Plans include the launch of new feedstock products designed for specific applications in the chemical industry, targeting a release date within the next 18 months. The company aims to expand its operations beyond Europe, specifically into markets such as North America and Asia by the end of 2024.V.
Who invested in Xycle
7 investors across 1 round
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Funding rounds
Seed
Mar 6, 2025
Amount
Undisclosed
Investors
Questions about Xycle
Who invested in Xycle?
Xycle has 7 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 Xycle raised?
Xycle has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Xycle last raise money?
Xycle's most recent round on record is a Seed, in Mar 2025.
What does Xycle do?
Xycle is a environmental services company.
Where is Xycle headquartered?
Xycle is headquartered in Rotterdam, Netherlands.
Which VCs invest in companies like Xycle?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back environmental services companies at Xycle's stage. Their profiles are linked below.
VCs backing environmental services startups at Seed
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