About Novocycle
Novocycle is a company based in Sunnyvale (United States) founded in 2021 by Taha Uluhan and Fatih Bosna. Novocycle has raised $1.52 million across 3 funding rounds from investors including SABIC, Take Off Istanbul and Diniz Holding. Novocycle operates in a competitive market with competitors including Li Industries, Altilium, POEN, Circu Li-Ion and Gouach, among others.
- Headquarter Sunnyvale, United States
- Founders Taha Uluhan, Fatih Bosna
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Sectors
EnvironmentEnergy & Utilities
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.52 M (USD)
in 3 rounds
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Latest Funding Round
$174.97 K (USD), Seed
Nov 07, 2025
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Investors
SABIC
& 3 more
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Employee Count
Employee Count
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Funding Insights of Novocycle
Novocycle has successfully raised a total of $1.52M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $174.97 thousand completed in November 2025. 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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Seed — $174,970
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First Round
First Round
(16 Apr 2024)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2025 | Amount | Seed - Novocycle | Valuation |
investors |
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| Dec, 2024 | Amount | Seed - Novocycle | Valuation |
investors |
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| Apr, 2024 | Amount | Seed - Novocycle | Valuation | Diniz Holding , SABIC |
Investors in Novocycle
Novocycle has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include SABIC, Take Off Istanbul and Diniz Holding.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Founded Year | Domain | Location | |
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Take Off Istanbul is organized as a startup summit.
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Founded Year | Domain | Location | |
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A holding company engaged in automotive, food, and services sectors.
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Founded Year | Domain | Location |
Investments & Acquisitions by Novocycle
Financial Statements - Novocycle
Novocycle Comparisons
Competitors of Novocycle
Novocycle 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 Li Industries, Altilium, POEN, Circu Li-Ion and Gouach, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Lithium-ion battery recycling
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| domain | founded_year | HQ Location |
Recycled EV battery materials are developed for automotive applications.
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| domain | founded_year | HQ Location |
Batteries are manufactured through reuse of discarded and used materials.
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| domain | founded_year | HQ Location |
Provider of the upcycling process to extract and diagnose lithiumion battery cells
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| domain | founded_year | HQ Location |
Repairable sustainable lithium-ion batteries are manufactured for reuse and recycling.
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| domain | founded_year | HQ Location |
Recycling and reusing solutions for old lithium batteries are developed.
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Latest news on Novocycle
Frequently Asked Questions about Novocycle
Novocycle was founded in 2021 and raised its 1st funding round 3 years after it was founded.
Novocycle is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.
Taha Uluhan is the current CEO of Novocycle. They have also founded this company.
Novocycle is a funded company, having raised a total of $1.52M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.1M, raised on Apr 16, 2024.
Novocycle was founded in 2021 in Sunnyvale, United States, within the battery recycling sector. Used batteries are recycled by the company to support the design and development of new lithium-ion batteries. End-to-end circular solutions are provided for energy storage systems. Production scrap batteries are processed without harmful chemicals or water waste, emphasizing sustainable operations in the clean energy industry.
Novocycle's top competitors include Li Industries, Altilium and POEN.
Novocycle has 4 investors. Key investors include SABIC, Take Off Istanbul, Diniz Holding, and APY Ventures.