Cyclic Materials

HQ
Toronto, Ontario, CAN
Total Offices: 2
75 Total Employees
Year Founded: 2021

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Cyclic Materials transforms yesterday’s waste into tomorrow’s critical materials. We’re creating a circular supply chain for the rare earth elements and critical materials that power our global economy, without compromising quality or environmental impact.

Our proprietary two-phase process is unlocking value from discarded waste. Our MagCycle℠ technology simplifies the separation of rare earth magnets and critical metals from end-of-life electric vehicles, consumer electronics, wind turbines, and MRIs. Then our REEPure℠ technology restores those valuable materials back to their raw form, unlocking new revenue streams for metal buyers and feedstock companies. We are the only high-tech recycling company offering a scalable, efficient, and low-carbon recycling solution that complements mining on both quality and cost, and mitigates the risks associated with extraction.

Cyclic Materials is setting a high bar for sustainable resource recovery. We’ve solved the barriers to creating a circular economy for rare earths, and our transparent, data-driven approach ensures the highest standards of sustainability and traceability, including rigorous Scope 3 carbon tracking and water efficiency.

With USD $83.5M in funding, including USD $53M in Series B funding backed by partners like Microsoft and BMW i Ventures, we’re scaling our recycling infrastructure across North America and Canada to meet global demand.

Cyclic Materials is establishing a more resilient, domestic supply chain for rare earths and critical metals, providing opportunity and value for global industries.

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Cyclic Materials Offices

OnSite Workspace

Employees work from physical offices.

Typical time on-site: None
HQToronto, Ontario, CAN
Kingston, Ontario, CAN