Descycle

London, United Kingdom Founded: 2018 • Age: 8 yrs
Provider of ewaste and battery recycling services
Annual revenue - Latest available
Total funding $18.9M 2 rounds
Employees 4 Tracked headcount
Investors 9 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About Descycle

Descycle is a company based in London (United Kingdom) founded in 2018 by John Murray, Geoff McNamara, and Leonidas Howden. Descycle has raised $18.92 million across 2 funding rounds from investors including Nesta, Cisco Investments and Green Angel Syndicate. The company has 4 employees as of December 31, 2023. Descycle offers products and services including Deep Eutectic Solvents and Metal Recovery Technology. Descycle operates in a competitive market with competitors including Aqua Metals, Cirba Solutions, Envirostream Australia, SNAM and Accurec Recycling, among others.

  • Headquarter London, United Kingdom
  • Employees 4 as on 31 Dec, 2023
  • Founders John Murray, Geoff McNamara, Leonidas Howden
  • Sectors
    Environment
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Argo Natural Resources Limited
  • Date of Incorporation 16 Jan, 2018
  • Jurisdiction LONDON, UNITED KINGDOM
Operational Areas
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $18.92 M (USD)

    in 2 rounds

  • Latest Funding Round
    $12.88 M (USD), Series A

    Nov 19, 2024

  • Investors
    Nesta

    & 8 more

  • Employee Count
    4

    as on Dec 31, 2023

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Products & Services of Descycle

Descycle offers a comprehensive portfolio of products and services, including Deep Eutectic Solvents and Metal Recovery Technology.

Product name locked
Category locked
Primary

Eco-friendly solvents for low-energy metal recovery and recycling processes

Product name locked
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Innovative methods for extracting metals from e-waste and minerals

Funding Insights of Descycle

Descycle has successfully raised a total of $18.92M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $12.88 million completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Descycle

Descycle has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Nesta, Cisco Investments and Green Angel Syndicate.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early & Growth stage tech & offline focused VC firm funding companies in the UK & Ireland
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Vorwerk Ventures is engaged in venture capital funding for tech startups.
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Technology investments and expertise in networking, cloud, and security services.
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Investor details for Descycle

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Investments & Acquisitions by Descycle

Investments
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Investment portfolio details for Descycle

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  • Transaction dates
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Financial Statements - Descycle

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Detailed financials for Descycle

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Descycle Comparisons

Descycle Primary company
Description
Provider of ewaste and battery recycling services
Location
London, United Kingdom
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
4
As of 2023
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Peer comparison for Descycle

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Competitors of Descycle

Descycle operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Aqua Metals, Cirba Solutions, Envirostream Australia, SNAM and Accurec Recycling, among others.

Company Name Domain Founded year HQ Location Description
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Battery recycling solutions are provided by Aqua Metals.
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Battery recycling services are provided by Cirba Solutions.
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Waste battery recycling services are provided in Australia.
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Battery recycling services are provided in France.
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Battery recycling services are provided by Accurec in Germany.
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Detailed competitors of Descycle

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Latest news on Descycle

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Complete news archive for Descycle

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Frequently Asked Questions about Descycle

Descycle was founded in 2018 and raised its 1st funding round 5 years after it was founded.

Descycle is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Descycle is a funded company, having raised a total of $18.92M across 2 funding rounds to date.

As of Dec 31, 2023, the latest employee count at Descycle is 4.

Descycle was founded in 2018 and is headquartered in London, United Kingdom. Electronic waste and battery recycling services are offered by the company within the environmental sustainability sector. Operations involve collection, processing, and material recovery from discarded electronics and batteries to support circular economy practices. Management is handled by co-founders John Murray, Geoff McNamara, and Leonidas Howden, who serves as Managing Director.

Descycle's top competitors include Aqua Metals, Cirba Solutions and Envirostream Australia.

Descycle offers Deep Eutectic Solvents and Metal Recovery Technology.

Descycle has 9 investors. Key investors include Nesta, Cisco Investments, Green Angel Syndicate, Deepfuture, and BGF.

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