Nth Cycle
PrivateLast Round
Seed Round
May 12, 2026
Total Funding Raised
$65.07M
Momentum
Top 10%
of companies Caplight tracks
Company Overview
Nth Cycle is a clean technology company that develops electrochemical recycling technology to reclaim valuable critical minerals from industrial scrap and low-grade ore.
Sector
Energy & Sustainability
Verticals
Circular Economy, Clean Manufacturing, Sustainable Materials, Energy Storage, Waste Management
Business Model
B2B
Customer Profile
Usage-Based SaaS, Revenue Share, Services & Consulting
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Nth Cycle Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
Nth Cycle Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Seed Round | May 12, 2026 | ||||
| Grant | Mar 16, 2026 | ||||
| Series B | Dec 4, 2023 | ||||
| Debt | Dec 4, 2023 | ||||
| Grant | Sep 12, 2023 | ||||
Grant | Dec 20, 2022 |
Key People
Founding team and executive leadership
Nth Cycle Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Elemental Impact | Seed |
| Caterpillar Venture Capital | Series B |
| Clean Energy Venture Group | Seed, Series A |
| Mercuria | Series A |
| VoLo Earth Ventures | Series A, Series B |
| Equinor Ventures | Series B, Series A |
| National Growth Fund | Grant |
Market signals
Structured signals derived from secondary market and firmographic data.
- May 12, 2026
Raised $5.5M in a Seed Round.
- Mar 16, 2026
Signed a binding agreement with Trafigura valued at approximately $1.1 billion.
Nth Cycle Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Nth Cycle's valuation, stock price, and market status.