Recycling startup Cyclic Materials raises $53 million in Series B funding round
Cyclic Materials plans to deploy this capital to build rare earth recycling infrastructure in the US and Europe, and grow its team to support its world-class operations
Recycling technology startup Cyclic Materials, which is known for developing advanced recycling processes for rare earth elements (REEs) and other critical materials, has successfully raised $53 million in its Series B equity round, the company announced Sept. 25.
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