Tech Company Financing Transactions
Cyclic Materials Funding Round
On 8/27/2026, Cyclic Materials announced $75 million in funding from T. Rowe Price and private investors.
Transaction Overview
Company Name
Announced On
8/27/2026
Transaction Type
Venture Equity
Amount
$75,000,000
Round
Undisclosed
Investors
T. Rowe Price (Lead Investor) (Vineet Khanna)
Proceeds Purpose
The company intends to use the funds to accelerate the deployment of its rare earth recycling campus in South Carolina and expand its Hub-and-Spoke infrastructure across the United States.
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
20 Montreal Street, 2nd Floor
Kingston, ON, K7L 3G6
CA
Kingston, ON, K7L 3G6
CA
Phone
Undisclosed
Website
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
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ahmad Ghahreman
Chief Financial Officer
Jeff Dawley
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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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