Stuttgart, Germany
Cyclize, founded in 2023 and headquartered in Germany, is pioneering a transformative approach in the chemical industry with its slogan, "Carbon recycling with plasma technology."
By utilizing mixed waste and CO2, Cyclize specializes in producing non-fossil syngas—a crucial mixture of carbon monoxide and hydrogen. This syngas is essential for creating advanced chemicals like plastics, methanol, hydrogen, and e-fuels. Traditionally sourced from fossil fuels, syngas is now poised for sustainability through Cyclize's innovative plasma-based process, marking a significant stride towards a carbon circular economy and potentially reducing CO2 emissions by hundreds of megatons annually by 2050.
In a recent funding round, Cyclize secured a €5.00M seed investment from prominent backers including High-Tech Gründerfonds, UVC Partners, and Unternehmertum. This financing underscores a strong investor confidence in Cyclize's potential to disrupt traditional, linear fossil resource use.
