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.
Employees: 1-10
Total raised: $5.43M
Founded date: 2023
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 | Source |
12.03.2024 | 7 neue Startups: montamo, Shapp, Autarc, taxado, Cyclize, Br... | deutsche-startups.de präsentiert heute wieder einmal einige junge Startups, die zuletzt, also in den... | deutsche-s... |
10.03.2024 | Cyclize Revolutionizes Chemical Industry with Plasma-Based R... | Cyclize, a ClimateTech startup based in Stuttgart, Germany, recently secured €5M in Seed funding to ... | parsers.vc... |
05.03.2024 | Cyclize Raises €5M in Seed Funding | Founding team of Cyclize: Left, below Dominik Novakovic, above Jan Stein, middle, Maike Lambarth, an... | finsmes.co... |
22.02.2024 | Creandum investiert in Doinstruct – Cusp und 468 investieren... | Im #DealMonitor für den 22. Februar werfen wir einen Blick auf die wichtigsten, spannendsten und int... | deutsche-s... |
22.02.2024 | German startup Cyclize secures €4.75M to defossilise the che... | Read this article in: Stuttgart, Germany-based Cyclize, a climate-tech startup, announced on Wednesd... | siliconcan... |
- | Cyclize | “Cyclize enables a carbon circular economy with innovative plasma sources for chemical recycling, CO... | fastfounde... |