Descycle

Descycle

Private
London, EnglandEnergy & Sustainabilityhttps://www.descycle.com

Last Round

Series A

Nov 18, 2024

Total Funding Raised

$18.96M

Company Overview

Descycle is a UK-based deep tech company founded in 2018 that is developing a disruptive, clean technology for the metals industry. The company's proprietary process uses a novel class of eco-friendly chemistry called Deep Eutectic Solvents (DES) to recover valuable metals from electronic waste (e-waste) and minerals. This method operates at low temperatures and ambient pressure, offering a low-carbon and low-impact alternative to traditional energy-intensive and pollutive smelting processes. Initially focusing on the e-waste market, Descycle aims to create local, circular economies for recycled metals like copper, gold, and palladium, reducing reliance on international supply chains and toxic chemicals. The company has secured significant funding, including a Series A round, to build and operate a pilot plant in Teesside, UK, with plans for commercial-scale facilities.

Sector

Energy & Sustainability

Verticals

Circular Economy, Waste Management, Advanced Materials, Clean Manufacturing, Sustainable Materials

Business Model

B2B

Customer Profile

Services & Consulting, Hardware Sales, Government Contracts

AI Layer

Non-AI

Keywords

e-waste recyclingDeep Eutectic SolventsDEScritical metals recoveryurban miningsmelting alternativecleantechgreen chemistryhydrometallurgybattery metal recyclingPCB recyclinglow-carbon metal recyclingmetals refiningcircular economymining waste processingdata center recyclingsustainable materials

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Descycle Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Descycle Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series ANov 18, 2024
Pre SeedApr 24, 2023

Key People

Founding team and executive leadership

Rob Harris

Chief Technology Officer

Executive Team

Dale Cook

Venture Lead - Asia Pacific, Chief Operating Officer

Executive Team

Descycle Investors

Notable investors and investment history

InvestorRounds
BGFSeries A
CPI EnterprisesPre Seed, Series A
NestaSeries A
Green Angel VenturesSeries A
TSP VenturesSeries A, Pre Seed
Vorwerk VenturesSeries A
Cisco InvestmentsSeries A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 13, 2026

    Collaborating with Cisco on an e-waste recycling solution.

  • Jan 14, 2026

    Selected for SPRIND Tech Metal Transformation Challenge in Germany.

Descycle Filings

SEC and related filings with document metadata.

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Descycle Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersLondon, England
Employee Range31
Year Founded2018
Last FundingNov 18, 2024

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