# Xycle

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/xycle

- Industry: Environmental Services
- Headquarters: Rotterdam, Netherlands
- Website: www.xyclegroup.com/
- Latest round: Seed (Mar 6, 2025)
- Investors on record: 7

## About

Xycle B.V. is a sustainable technology company focused on innovative chemical recycling solutions to combat plastic waste, providing high-quality feedstock for the chemical industry.Founded in 2020, Xycle B.V. specializes in chemical recycling, processing 21 kilotons of mixed plastic waste annually at its Rotterdam facility in the Netherlands. The founder, details of whom are not specified, has experience in the recycling sector, although previous ventures are not disclosed.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. The company is positioned to serve a broad geographical market, including Europe and potentially expanding to other regions where plastic waste management is a pressing concern.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. As Xycle's operations scale and awareness of sustainable practices in the chemical sector grows, its value proposition becomes increasingly relevant, potentially leading to expanded market opportunities and revenue growth.Xycle B.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. Recent funding received will support these initiatives by enhancing production capabilities and facilitating market entry strategies. In March 2025, Xycle B.V. raised an undisclosed amount of venture funding from Dow Venture Capital, ING Private Banking, InvestNL and Vopak Ventures.

## Funding rounds

- Seed, Mar 6, 2025 — Dow Venture Capital, ING Ventures, Invest-NL, Vopak Ventures, Port of Rotterdam, NoWIT, Teknow

## Investors

- Dow Venture Capital (https://capitalatlas.ai/funds/dow-venture-capital) — Seed
- ING Ventures (https://capitalatlas.ai/funds/ing-ventures) — Seed
- Invest-NL — Seed
- Vopak Ventures (https://capitalatlas.ai/funds/vopak-ventures) — Seed
- Port of Rotterdam — Seed
- NoWIT — Seed
- Teknow — Seed