PeroCycle is a Cambridge-based venture focused on carbon recycling for steelmaking. It targets the steel industry with carbon-recycling solutions. The company has begun a £4M (nearly €4.58M) seed funding round to support pilot deployment and expand commercial operations. Grant Budge was appointed as the company's new chief executive officer. Proceeds from the seed round are intended to support a pilot deployment and the expansion of commercial operations. The article did not disclose investor names, past funding rounds, founding year, or operating metrics such as revenue or user numbers.

Total raised

$5M

Funding rounds

1

Latest round

Seed

Latest activity

Aug 2025