InMotion Ventures Invests $2 Million in Cyclic Materials, Extending Series B to $55 Million
TORONTO – January 23, 2025 – Cyclic Materials, the advanced recycling company building a circular supply chain for Rare Earth Elements and other critical materials, today announced a $2 million investment from InMotion Ventures, the investment arm of Jaguar Land Rover (JLR). This latest backing lifts the company’s Series B round to $55 million, underscoring its critical role in advancing sustainable supply chains for the automotive industry and beyond.
Cyclic Materials
January 23rd, 2025