How Much Did 3cycle Raise?
Funding & Key Investors

3cycle has secured $47K in total capital, with a recent infusion of $47K designated for substantial expansion. This financing round, occurring at a significant Series B/C stage, underscores the company's established position and growth trajectory in the electronics recycling and data destruction sector.

The company's latest funding event, which took place on February 6, 2021, involved a debt financing of $47M from PPP, signaling a strategic move to bolster its operational capacity and market reach.

What is 3cycle?

3cycle
Energy, Utilities & WasteWaste Treatment, Environmental Services & Recycling

3cycle operates as a comprehensive provider of electronics recycling and secure data destruction services. The company addresses the critical need for responsible disposal of electronic waste, including e-scrap, metals, plastics, paper, and batteries. By maximizing returns on equipment and material investments, 3cycle offers a sustainable solution for businesses seeking to manage obsolete electronic assets. Their integrated approach includes temporary storage for scrap materials, catering to local operational requirements and reinforcing their commitment to environmental conservation and the planet's future through diligent recycling practices.

How much funding has 3cycle raised?

3cycle has raised a total of $47K across 1 funding round:

2021

Debt

$47K

Debt (2021): $47K with participation from PPP

Key Investors in 3cycle

PPP

Public-Private Partnership

What's next for 3cycle?

With the recent substantial expansion capital, 3cycle is poised for significant growth. The company's strategic focus will likely involve scaling its recycling infrastructure, enhancing its data destruction capabilities, and potentially expanding its geographic footprint. This investment at a Series B/C stage suggests a mature operational model ready for accelerated market penetration. Future developments may include technological advancements in recycling efficiency and broader adoption of circular economy principles within the electronics lifecycle, solidifying 3cycle's role as a leader in sustainable e-waste management.

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Frequently Asked Questions Regarding 3cycle Financial Insights

What are the most recent funding rounds that 3cycle has completed, and what were the funding rounds?
3cycle has recently completed 1 funding rounds: Debt on Feb 6, 2021.
What is the total amount of funding 3cycle has raised to date?
3cycle has raised a total of $47K in funding to date.
How many funding rounds has 3cycle completed?
3cycle has completed 1 funding rounds.
How much funding did 3cycle raise in its most recent funding round?
3cycle raised $47K in its most recent funding round.
Who are the lead investors in 3cycle's latest funding round?
The lead investor in 3cycle's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in 3cycle's history?
The largest funding round in 3cycle's history was $47K.
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