Cyclic Materials secured $75 million USD in a Series C to recover rare earth elements from waste.
- Amount
- $75M
- Stage
- Series C
- Announced
- 23 January 2026
- Lead
- accounts advised by T. Rowe Price Associates Inc.
- Other investors
- Canada Growth Fund (CGF)
- Use of funds
- Scaling operations across the US and Europe, expanding rare earths recycling infrastructure, and R&D at Kingston Center of Excellence.
- Total raised
- $162M to date
- Checked
- Amount and date matched across 3 press sources