BMW i Ventures announced an investment in Canada-based Cyclic Materials, a circular supply chain company focused on recycling rare earth elements (REE) (earlier post). The $27-million Series A funding was led by BMW i Ventures (BiV) and Energy Impact Partners (EIP), and included participation from Fifth Wall, Bioindustrial Innovation Canada.
Cyclic Materials raises $27M from BMW i Ventures and EIP axios.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from axios.com Daily Mail and Mail on Sunday newspapers.
As climate change research and efforts in sustainability gain momentum, businesses are focused on making ESG (environmental, social and governance issues) a