Cyclize raises €4.8M Seed round

21 February 2024· Stuttgart, Germany· manufacturing, chemicals, materials, b2b, deep_hardware

The funding will be used to scale the company's plasma-based recycling technology for industrial application, expand the team, conduct test series with pilot customers, and build the first waste-to-synthesis gas plant in a chemical park.

Investors

LeadUVC Partners
Also participating
High-Tech GründerfondsUnternehmerTUM Funding for InnovatorsAurum ImpactKlaus Schäfer

About Cyclize

Stage
Seed
Headquarters
Stuttgart, Germany
Founded
2023
Team Size
21–50
Sectors
manufacturingchemicalsmaterialsb2bdeep_hardware

Source: https://www.htgf.de/en/htgf-seed-cyclize/