Cyclic Materials vs Electric Hydrogen
Side-by-side comparison of AI visibility scores, market position, and capabilities
Cyclic Materials is a Canadian cleantech company recovering rare earth elements from end-of-life EV motors, wind turbines, and consumer electronics; raised $53M+ including a $35M Series A in 2024;
About
Cyclic Materials is a Kingston, Ontario-based cleantech company founded in 2021 by Ahmad Ghahreman and Kurt Sarbjit Sauber that has developed a proprietary hydrometallurgical process for recovering rare earth elements (REEs) and other critical materials from end-of-life permanent magnets found in electric vehicle motors, wind turbine generators, hard disk drives, and consumer electronics. Rare earth elements — including neodymium, praseodymium, dysprosium, and terbium — are essential inputs for permanent magnets used in EV drivetrains and clean energy systems, yet supply chains are heavily concentrated in China and dependent on environmentally damaging primary mining.
Electric Hydrogen designs and manufactures 100MW+ industrial electrolyzer systems for green hydrogen production at scale; raised $380M in funding including a $200M Series C in 2023;
About
Electric Hydrogen is a Natick, Massachusetts-based clean energy company founded in 2020 by Raffi Garabedian (former CEO of First Solar) and David Eaglesham. The company designs and manufactures large-scale industrial electrolyzers — systems that use electricity to split water into hydrogen and oxygen — intended to produce green hydrogen at the cost and scale required to decarbonize heavy industries. Electric Hydrogen's core product is a 100MW electrolyzer plant that represents one of the largest single electrolyzer systems commercially available, designed for industrial customers in steel, ammonia, chemicals, and fuel production who need hydrogen at massive volumes.
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