C
Cyclic Materials
Creating a Circular Supply Chain for Rare Earth Elements
About Cyclic Materials
Cyclic Materials is a pioneering startup that operates in the cleantech sector, focusing on the recovery and recycling of rare earth elements from various products. The company's mission is to facilitate the world's transition towards an environmentally responsible future. It serves a broad range of clients, including industries involved in mobility, energy, and telecommunications, which rely heavily on these critical metals.
The company's business model is centered around creating a circular supply chain for rare earth elements. This innovative process not only reduces waste but also provides a more sustainable source of these vital metals to domestic industries. The company's approach is both ethical and economical, aiming to transform the rare earth elements market by making sustainably sourced metals available globally.
Cyclic Materials is led by Ahmad Ghahreman, a serial entrepreneur with over 15 years of experience in developing cleantech technologies. His dedication and passion for a sustainable environment drive the company's vision.
The company generates revenue by selling the recovered rare earth elements to industries that need them. By offering a more sustainable and ethical alternative to traditional mining, Cyclic Materials is well-positioned to capitalize on the growing demand for environmentally friendly solutions.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2021
- Headquarters
- Kingston, Canada
- Employees
- 92
- Open positions
- 45
- Dealroom signal
- 92.3/100
- Sub-industry
- Waste Solution
- Sector
- Energy, Recycling, Sustainable Development Goals, Industrial Technology, Advanced Materials, Climate Tech, Circular Economy, Rare Earth, NIF defense security and resilience, NIF Supply Chain Resilience, DT and LS
- Technology
- Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES COther financing | Jan 2026 | $75M | $300M | Canada Growth Fund · T. Rowe Price | ↗ |
| SERIES BOther financing | Apr 2025 | — | — | Climate Pledge Fund | ↗ |
Growth signals
Latest recorded traffic for Cyclic Materials is 4.3K monthly website visits, down 38.6% over the last three months. Cyclic Materials's team grew 19.5% over the past year.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Sustainable Development Technology Canada
Series A13 investors entered at this stage
Bioindustrial Innovation Canada
Energy Impact Partners
BMW i Ventures
Fifth Wall Ventures
Planetary Technologies- MFMicrosoft Climate Innovation Fund
ArcTern Ventures
Hitachi Ventures
Business Development Bank of Canada
Zero Infinity Partners
Climate Investment
InMotion Ventures
Climate Pledge Fund
Series B and later2 investors entered at this stage
T. Rowe Price- CFCanada Growth Fund
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Cyclic Materials on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
See Cyclic Materials’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.