France
Cycle Up is a manufacturing startup based in France, founded in 2017. The company's core focus is on advancing the concept of circular economy in the construction industry through its comprehensive solution for material reuse.
Operating in three main areas, Cycle Up provides consultancy and studies on material reuse, operates an online marketplace www.cycle-up.fr for buying and selling reclaimed construction materials, and engages in material refurbishment activities.
The marketplace serves as a pivotal platform for connecting various stakeholders in the industry, including property owners, architects, engineers, demolition experts, refurbishers, and builders. It not only facilitates material trade but also acts as an educational resource through its blog, examples of reuse, guides, and practical information.
Cycle Up is deeply integrated into the community of circular economy actors, offering additional services such as resource diagnosis, technical support, training, material sourcing, sales facilitation, and storage logistics.
The company has a mission-driven approach, emphasizing social and regional development by engaging local businesses and social enterprises as partners. This commitment to sustainable business practices has garnered substantial investor interest, evident from the recent €4.00M Seed Round investment led by Banque des Territoires, ACORUS CAPITAL, and Groupe SMA in April 01, 2022. This funding is expected to further propel Cycle Up's innovative endeavors in the realm of circular economy and sustainable construction practices.
