S
SolarCycle
Solar technology company that builds a circular economy for solar and renewables
About SolarCycle
SolarCycle is a pioneering startup operating in the renewable energy sector, specifically focusing on the recycling of end-of-life solar panels. The company was established by experts in renewable energy, sustainability, and recycling, with a clear vision to create a circular economy for the solar industry. SolarCycle's primary service involves the transportation, sorting, and recycling of expired solar panels, extracting 95% of the value from these panels and returning it to the supply chain. This is a significant improvement on the industry standard recovery rate, which currently stands below 50%.
SolarCycle's business model is geared towards serving solar companies who are committed to sustainable recycling practices. Since its inception in 2022, the company has earned the trust of leading solar companies and has become a member of several industry associations, including the Solar Energy Industries Association's National PV Recycling Program, Advanced Energy United, and American Clean Power. These partnerships not only enhance SolarCycle's credibility but also help to increase the industry's commitment to recycling and environmentally responsible end-of-life management.
SolarCycle's revenue is likely generated from service fees charged to solar companies for the recycling of their expired panels. The company's advanced recycling technology allows it to extract valuable materials such as glass, silicon, silver, copper, and aluminum from old solar panels, which can then be used in the production of new panels. This not only contributes to a domestic supply of essential materials but also promotes a sustainable and environmentally friendly approach to solar energy production.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2022
- Headquarters
- Mesa, United States
- Employees
- 77
- Open positions
- 1
- Dealroom signal
- 63.4/100
- Industry
- Energy
- Sub-industry
- Clean Energy, Waste Solution
- Sector
- Energy, Recycling, Solar Energy, Sustainable Development Goals, Climate Tech, Circular Economy, Renewable Energy, Hard 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 A✓Equity / VC | Mar 2023 | $30M | $120M | Closed Loop Partners · Urban Innovation Fund · Prologis Ventures · Fifth Wall Ventures | ↗ |
| SEED✓Equity / VC | Jun 2022 | $6.6M | $26M | Lyndon Rive · Peter Rive · Tom Dinwoodie · Urban Innovation Fund | ↗ |
Growth signals
Latest recorded traffic for SolarCycle is 12K monthly website visits, up 50% over the last three months. SolarCycle's team grew 0% over the past year.
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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.
Seed5 investors entered at this stage
Lyndon Rive
Peter Rive
Tom Dinwoodie
Urban Innovation Fund
Closed Loop Partners
Series A3 investors entered at this stage
Fifth Wall Ventures
HG Ventures
Prologis Ventures
Other known investors1 additional known investor
Hexagon
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about SolarCycle 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
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