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Based in the United Kingdom, DEScycle develops advanced metal recovery and recycling technology that utilizes non-toxic liquid salts to extract critical metals from discarded electronic waste. The company's proprietary Deep Eutectic Solvents enable low-temperature, low-energy operations designed to replace traditional high-energy smelters and toxic acids within the $100 billion global electronic waste market. To scale its operations, the organization is currently developing a commercial processing facility that is projected to reach an annual capacity of 5,000 metric tons of electronic scrap by 2028. DEScycle has secured financial backing and strategic partnerships from notable institutional investors including Mitsubishi Corporation and BGF, while its leadership team features industry veterans like Chairman Ian Cockerill and board member Steve Dobson. The enterprise was officially founded in 2018 by co-founders Fred White, Leo Howden, Rob Harris, and John Murray.
DEScycle has raised $15.9M across 2 funding rounds.
DEScycle has raised $15.9M in total across 2 funding rounds.
DEScycle has raised $15.9M across 2 funding rounds. Most recently, it raised $1.8M Other Equity in January 2026.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 8, 2026 | $1.8M Venture Round | Germany | — | Announced |
| Nov 19, 2024 | $14.2M Series A | BGF, Dominik Steinkuehler | Cisco Investments, Kadmos Capital, Nesta | Announced |
DEScycle has raised $15.9M in total across 2 funding rounds.
DEScycle's investors include Germany, BGF, Dominik Steinkuehler, Cisco Investments, Kadmos Capital, Nesta.
