The annual list allocates “most promising” companies engaged in climate change on the planet.
Toronto Cyclic materials Has the magazine Mit Technology Review. Climate companies of 2025, which should be followed list.
Cyclic Materials is the first and only Canadian company that has entered this list from the moment of its creation.
For the third year, “most promising” companies that are involved in the problem of climate change on the planet have been distinguished in the annual list. Cyclic materialsWhich helps to process important minerals in electronics is the first and only Canadian company that has entered this list from the moment of its creation. He joins firms such as the Chinese manufacturer of Hina Battery Technology, the Swedish cement company Cemvision with a low level of emissions and the American agricultural company Pairwise, engaged in editing genes.
On the annual Mit Technology Review speaks He is looking for “companies with potential to significantly reduce greenhouse gas emissions or supply products that could help communities significantly reduce the danger of heat wave, drought or other extreme weather phenomena.” After that, the publication narrows their choice to those who have a proven experience in areas such as attracting capital, the construction of plants or the supply of products.
The company Cyclic Materials, founded in 2021, developed a supply chain aimed at steady restoration of rare -earth elements from electric vehicles, windmills, MRI devices and electronic waste centers. The goal of the company is to create a closed supply chain, taking products thrown into a landfill, and restoring their critical metals through the processes of magnet processing.
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Cyclic Materials has attracted $ 57 million US dollars within the last year and considers Microsoft one of the participants in the round. Initial sponsors. Cyclical Again open Round to welcome investments from Amazon Climate Pledge Fund and Inmotion Ventures.
In April, Cyclic invested $ 20 million from this money in its first commercial object in Arizona. In June, the company invested another 25 million US dollars in creating a center for advanced experience in processing rare -earth elements in Kingston, Ontario. The company will become an industrial and innovative basis of Cyclic, including full -scale commercial processing and the Center for Research and Development.
MIT Technology Review is an independent media company founded at the Massachusetts Technological Institute in 1899. The publication explores the commercial, social and political influence of technology.
The image is provided by Cyclic Materials.
