Nth Cycle, founded in 2017 and headquartered in the United States, is at the forefront of the metal refining industry. Known for its slogan, "Getting as much metal into the supply chain and keeping it in circulation forever [to the Nth]," the company partners with scrap recyclers and miners to reclaim production-grade critical metals from various sources, including industrial scrap and refining waste.
Their patented technology, The Oyster, offers a cutting-edge alternative to traditional methods like hydrometallurgy and pyrometallurgy. This electro-extraction system enables a cleaner, customizable, and consistently efficient recovery process, crucial for advancing the energy transition within the Manufacturing, Sustainability, and Energy Storage sectors.
Recently, Nth Cycle secured a $37.00M Series B investment on 04 December 2023. This financial milestone was backed by prominent investors including VoLo Earth Ventures, Caterpillar Ventures, MassMutual Impact Investing, and Equinor Ventures, signaling robust confidence in the company's innovative approach and growth potential.