Tech Company Financing Transactions

Cyclic Materials Funding Round

Cyclic Materials closed a $53 million Series B investment round on 9/25/2024. Investors included ArcTern Ventures, BDC Capital and BMW i Ventures.

Transaction Overview

Company Name
Announced On
9/25/2024
Transaction Type
Venture Equity
Amount
$53,000,000
Round
Series B
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.

Company Information

Company Status
Private & Independent
Industry
Environmental
Mailing Address
20 Montreal Street, 2nd Floor
Kingston, ON, K7L 3G6
CA
Phone
Undisclosed
Email Address
Overview
With the global market for magnet rare earth oxides forecast to increase three-fold by 2030, establishing new sources of rare earth elements will be critical to support the electrification of the economy across Canada, North America, and the world.
Profile
Cyclic Materials LinkedIn Company Profile
Social Media
Cyclic Materials Company Twitter Account
Company News
Cyclic Materials News
Facebook
Cyclic Materials on Facebook
YouTube
Cyclic Materials on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ahmad Ghahreman
  Ahmad Ghahreman LinkedIn Profile  Ahmad Ghahreman Twitter Account  Ahmad Ghahreman News  Ahmad Ghahreman on Facebook
Chief Financial Officer
Jeff Dawley
  Jeff Dawley LinkedIn Profile  Jeff Dawley Twitter Account  Jeff Dawley News  Jeff Dawley on Facebook


 

 

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About Our VC Transactions Data

We do our best to report on tech company VC transactions. VC investment data records on this site come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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