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Funding Round Profile

Cyclize

start up
Germany - Stuttgart
  • 06/03/2024
  • Seed
  • $5,434,225

As a spin-off of the University of Stuttgart, Cyclize has developed a technology for defossilizing the chemical industry using mixed plastic waste and CO2 as feedstock to produce syngas (a gas mixture of carbon monoxide and hydrogen). This syngas serves as the basic building block of advanced chemicals and is used to produce plastics, methanol, hydrogen, and e-fuels. As of now, syngas is still obtained through the linear use of fossil resources such as natural gas. Our innovative plasma-based process allows us to replace fossil resources with waste materials, thus enabling the carbon circular economy and avoiding hundreds of megatons of CO2 annually by 2050.


Related People

Maike LambarthFounder

Maike Lambarth Germany - Stuttgart, Baden-Württemberg

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