TSP Ventures leads the latest investment alongside institutional backers and sector angels.
"We are delighted to be joining the Descycle team on their onward journey as they prove and scale their transformative technology. By enabling low cost, low carbon recovery of key metals from e-waste, Descycle are solving two major environmental problems; first, the displacement of the incumbent dirty, energy intensive processes and second, ensuring we have access to the critical metals we will need to deliver the green transition. Both are crucial. Descycle has a great management team and we look forward to helping them in any way we can as they grow the business."