FundedIQ
Manufacturing

Cyclic Materials: Funding, Investors & Team (Sep 2026)

Cyclic Materials offers recycling services that retrieve rare earth elements with the goal of decreasing the need for new mines and supporting the shift to electric vehicles and cleaner energy sources. By recovering critical metals from landfill-bound products, the company assists businesses in producing wind turbines, electric vehicles, and electronic devices while also reducing carbon emissions.

www.cyclicmaterials.earth LinkedIn Kingston, Canada 11-50 employees
CleanTech Industrial Recycling B2B
Total raised
$161M
Rounds
6
Latest
Series C
Jan 2026

Cyclic Materials has raised $161M across 6 funding rounds on record, the most recent a Series C of $75.0M announced in Jan 2026.

That round is above the $5.0M median round size for Manufacturing companies tracked on FundedIQ over the last two years.

Cyclic Materials Company Profile and Key Stats

Total funding raised
$161M
across 6 rounds on record
Funding rounds on record
6
1 with no disclosed amount
Latest funding round
Series C
$75.0M in Jan 2026
Employees
11-50
reported band
Headquarters
Kingston, Canada

Latest funding round on record: Jan 2026.

Cyclic Materials Funding Rounds

Date
Round
Amount
Series C
$75.0M
Series B
Undisclosed
Series B
$2.0M
Series B
$53.0M
Series A
$27.0M
Undisclosed round
$3.6M

1 of 6 rounds was announced without a disclosed amount and is excluded from the total.

Cyclic Materials raised $3.6M in an undisclosed round announced in Feb 2023.

2 months later, a Series A of $27.0M was announced in Apr 2023.

1.4 years later, a Series B of $53.0M was announced in Sep 2024.

4 months later, a Series B of $2.0M was announced in Jan 2025.

3 months later, a Series B was announced in Apr 2025 with no disclosed amount.

9 months later, a Series C of $75.0M was announced in Jan 2026.

Cyclic Materials Founders and Leadership Team

Name
Role
Contact
Ahmad Ghahreman
Founder
Locked

Contact details for the Cyclic Materials team: 1 of 1 has an email address on file.

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Cyclic Materials Funding Compared to Other Manufacturing Startups

Segment
Companies
Median round
1,058
$5.0M
3,081
$2.2M
1,814
$58M

Cyclic Materials' latest round of $75.0M is above the median round in Manufacturing. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Cyclic Materials in Manufacturing and Kingston

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Cyclic Materials Funding FAQs

What does Cyclic Materials do?

Cyclic Materials offers recycling services that retrieve rare earth elements with the goal of decreasing the need for new mines and supporting the shift to electric vehicles and cleaner energy sources. By recovering critical metals from landfill-bound products, the company assists businesses in producing wind turbines, electric vehicles, and electronic devices while also reducing carbon emissions.

How much funding has Cyclic Materials raised?

Cyclic Materials has raised $161M across 6 rounds on record. The most recent is a Series C of $75.0M announced in Jan 2026.

When did Cyclic Materials last raise funding?

Cyclic Materials' most recent funding round on record is a Series C of $75.0M, announced in Jan 2026.

Who founded Cyclic Materials?

FundedIQ lists Ahmad Ghahreman (Founder) at Cyclic Materials.

Where is Cyclic Materials headquartered?

Cyclic Materials is based in Kingston, Ontario, Canada.

How many employees does Cyclic Materials have?

Cyclic Materials is in the 11-50 employee band.

How does Cyclic Materials' funding compare to other Manufacturing startups?

Cyclic Materials' latest round of $75.0M is above the $5.0M median round size for Manufacturing companies on FundedIQ across 1,058 tracked companies over the last two years.

About FundedIQ's Cyclic Materials Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Cyclic Materials is left off this page rather than filled in.

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