London-based DEScycle has secured more than €10 million in grant funding over the past 10 months, adding fresh momentum to efforts to develop lower-carbon alternatives for metals processing and recycling.
The funding includes support from major UK and European programmes, with the latest award coming from the EIC Accelerator, one of the region’s best-known funding schemes for deep-tech companies. The backing gives DEScycle substantial non-dilutive capital as it works to scale its technology.
Founded by Fred White, Ian Cockerill, Dr Phil Bird, Dr Leo Howden, Dr Rob Harris, Elena Bulmer and Sungano Mubaira, DEScycle is developing metal recovery and recycling processes based on Deep Eutectic Solvents, or DES. The company says these non-toxic, non-water-based salts can enable low-temperature, low-energy operations, offering an alternative to conventional smelters, toxic chemicals and strong acids.
The latest grants also signal broader institutional interest in new metals processing infrastructure as Europe and the UK look to strengthen domestic supply chains, reduce industrial emissions and recover more value from waste streams.
The funding includes support from major UK and European programmes, with the latest award coming from the EIC Accelerator, one of the region’s best-known funding schemes for deep-tech companies. The backing gives DEScycle substantial non-dilutive capital as it works to scale its technology.
Founded by Fred White, Ian Cockerill, Dr Phil Bird, Dr Leo Howden, Dr Rob Harris, Elena Bulmer and Sungano Mubaira, DEScycle is developing metal recovery and recycling processes based on Deep Eutectic Solvents, or DES. The company says these non-toxic, non-water-based salts can enable low-temperature, low-energy operations, offering an alternative to conventional smelters, toxic chemicals and strong acids.
The latest grants also signal broader institutional interest in new metals processing infrastructure as Europe and the UK look to strengthen domestic supply chains, reduce industrial emissions and recover more value from waste streams.