Nth Cycle Secures $12.5 Million In Series A Financing To Scale Clean Critical Mineral Recycling & Mining Technology
Feb 15, 2022•over 3 years ago
Amount Raised
$12.5 Million
Round Type
series a
Description
Nth Cycle, the innovative metal processing and recycling technology company, has announced the closing of its $12.5 million Series A financing, co-led by the investment arm of Frankstahl, one of the largest privately held steel distribution companies in Europe, and VoLo Earth, a Colorado-based venture firm focused on climate solutions. Nth Cycle is disrupting the critical mineral supply chain necessary for electric vehicles, solar power, and energy storage through a groundbreaking recycling, mining and refining technology. Other investors in the financing include global commodities powerhouse, Mercuria, MassMutual through the MM Catalyst Fund, and previous investor Clean Energy Ventures.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech