What is 3cycle?
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:
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.
See full 3cycle company page