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⛏️ Ceibo Raises $30 million to Scale Advanced Copper Extraction Technology
Ceibo, an advanced copper extraction technology company, today announced it has raised a $30 million Series B financing. The round was led by Energy Impact Partners, with participation from a syndicate of new mining-focused investors including CoTec Holdings, Audley, Orion Resources, Unearth and Pincus Green along with existing investors Khosla Ventures and Aurus Ventures. The funding round will enable Ceibo to accelerate the scale-up of its proprietary technology, drive several on-site trials and prove the technology’s value and versatility at scale.
Cyclic Materials Raises $27m Series A to Scale Advanced Critical Metals Recycling Technology
Cyclic Materials, an advanced metals recycling company focused on producing critical materials, today announced it has raised $27 million in an oversubscribed Series A financing. The round was led by Energy Impact Partners (EIP) and BMW i Ventures (BiV) and included participation from Fifth Wall, Bioindustrial Innovation Canada (BIC), and existing Cyclic Materials investor Planetary Technologies. This funding round brings the company’s total capital raised to over $30 million and will contribute to the scale up of its technologies.
Scythe Secures $42M Series B Financing
Scythe Robotics, the company developing advanced, commercial-grade autonomous solutions for the professional landscape industry, today announced it has raised $42 million in Series B financing. The round was led by Energy Impact Partners and included additional new investors ArcTern Ventures, Alumni Ventures, and Amazon’s Alexa Fund alongside participation from existing investors True Ventures, Inspired Capital and more. The funding will help Scythe meet demand for the more than 7,500 reservations for its all-electric, fully autonomous M.52 mower placed by commercial landscape businesses nationwide. This financing round brings the company’s total capital raised to date to $60.6 million.