SOLARCYCLE is committed to recycling solar panels

SOLARCYCLE is engaged in solar panel recycling and has just raised $25 million in a Series A round. The transaction includes equity and infrastructure financing. The funds will allow the company to strengthen its solar panel recycling capacity and expand its material remanufacturing capabilities. The investment is led by Fifth Wall, the largest asset manager focused on improvement, resilience and decarbonization in the built world, and HG Ventures, the corporate venture capital arm of The Heritage Group. Prologis Ventures and existing investors Urban Innovation Fund and Closed Loop Partners also participated in the funding round.