Cyclize, a spin-off from the University of Stuttgart, has developed a technology to defossilize the chemical industry using mixed plastic waste and CO2 as raw materials to produce synthesis gas (a gas mixture of carbon monoxide and hydrogen). This synthesis gas is a fundamental building block for advanced chemicals and is used in making plastics, methanol, hydrogen, and e-fuels. Until now, synthesis gas has been obtained through the linear use of fossil resources such as natural gas. The innovative plasma-based process replaces fossil resources with waste materials, enabling a circular carbon economy and avoiding hundreds of megatons of CO2 annually by 2050.
Location: Germany, Baden-Württemberg, Stuttgart
Total raised: $5.43M
Investors 1
| Date | Name | Website |
| 21.02.2024 | High-Tech ... | htgf.de |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 05.03.2024 | Seed | $5.43M | - |
Mentions in press and media 6
| Date | Title | Description |
| 12.03.2024 | 7 neue Startups: montamo, Shapp, Autarc, taxado, Cyclize, Bruin, Cleos | deutsche-startups.de präsentiert heute wieder einmal einige junge Startups, die zuletzt, also in den vergangenen Wochen und Monaten, an den Start gegangen sind, sowie Firmen, die vor Kurzem aus dem Stealth-Mode erwacht sind. Übrigens: Noch ... |
| 10.03.2024 | Cyclize Revolutionizes Chemical Industry with Plasma-Based Recycling | Cyclize, a ClimateTech startup based in Stuttgart, Germany, recently secured €5M in Seed funding to propel its innovative plasma-based recycling technology. Led by CEO Maike Lambarth, Cyclize aims to defossilize the chemical industry by tra... |
| 05.03.2024 | Cyclize Raises €5M in Seed Funding | Founding team of Cyclize: Left, below Dominik Novakovic, above Jan Stein, middle, Maike Lambarth, and right, Stephan Renninger (credits: unkwnown, placed for editorial purpose) Cyclize, a Stuttgart, Germany-based ClimateTech startup, raised... |
| 22.02.2024 | Creandum investiert in Doinstruct – Cusp und 468 investieren in Acto – Planted übernimmt Clime | Im #DealMonitor für den 22. Februar werfen wir einen Blick auf die wichtigsten, spannendsten und interessantesten Investments und Exits des Tages in der DACH-Region. Alle Deals der Vortage gibt es im großen und übersichtlichen #DealMonitor-... |
| 22.02.2024 | German startup Cyclize secures €4.75M to defossilise the chemical industry using plastic waste; here’s how | Read this article in: Stuttgart, Germany-based Cyclize, a climate-tech startup, announced on Wednesday that it has secured €4.75M in a fresh funding round led by UVC Partners. Other investors, including High-Tech Gründerfonds (HTGF), Aurum ... |
| - | Cyclize | “Cyclize enables a carbon circular economy with innovative plasma sources for chemical recycling, CO2-splitting, and gas reforming.” |