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Amazon’s Climate Pledge Fund joins Cyclic Materials’ extended Series B round

Summary by BetaKit
Toronto-based Cyclic Materials has extended its Series B round for a second time to bring Amazon’s Climate Pledge Fund into the fold.  Cyclic initially raised a $71-million CAD ($53-million USD) all-equity round led by Toronto-based cleantech investor ArcTern Ventures in September 2024 to expand its rare earth recycling infrastructure in the United States (US) and Europe. Cyclic re-opened the round this past January to accept a $2 million USD in…
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BetaKit broke the news in on Tuesday, April 15, 2025.
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