LabCycle received £180,000 from the British Design Fund and a £250,000 Innovate UK Investment Partnership grant awarded in collaboration with BDF, for a total broader funding round of £430,000. The funding will support development of the AutoDecon system, designed to recycle contaminated laboratory plastics into high-grade resources without high heat or pressure, and help the company scale operations.
About LabCycle
LabCycle is a UK-based deeptech startup developing AutoDecon technology to safely recycle contaminated laboratory plastics into high-grade materials without high heat or pressure, helping laboratories reduce emissions and move towards a circular economy.
Bath, United Kingdom
Read Company ProfileFrequently Asked Questions
What type of funding round did LabCycle raise?
LabCycle raised a grant round.
How much did LabCycle raise in its grant?
LabCycle raised $430,000 GBP in its grant.
When did LabCycle raise its grant?
LabCycle raised its grant on 2026-06-24.
Who invested in LabCycle's grant?
The investors in LabCycle's grant are: British Design Fund, Innovate UK Investment Partnership.
What type of investment was LabCycle's grant?
LabCycle's grant was a equity investment.
How will LabCycle use the funds from its grant?
LabCycle plans to use the funds for: support the development of the AutoDecon system, commercialise the lab plastic recycling system, scale operations to meet growing demand across the sector.