Across 6 funding rounds, it has raised $69.73 million. In 2023, it announced the completion of a $30 million Series A round, led by Fifth Wall and HG Ventures, with participation from Prologis Ventures, Urban Innovation Fund, and others, bringing total financing to $36.6 million.

From 2024 to 2025, Solarcycle further secured equity financing from partners including Microsoft to support its recycling technology R&D and plant construction.

It also received a $1.5 million grant from the U.S. Department of Energy to develop high-purity material recovery technology, with a focus on extracting high-value materials such as silver and silicon.

ROSI is a France-based PV module recycling company that has secured more than €20 million (~$23 million) to support its expansion in Europe.

The funding includes a Series B round as well as grants from France and Europe. The company said the capital will support the rollout of its industrial projects, including a planned facility in Teruel, Spain.

New international investors and existing shareholders participated in the Series B round, led by InnoEnergy, CMA CGM, the European Innovation Council, and Spanish family office G3T. Zurich-based Finadvice, a corporate finance advisory firm focused on deep tech, served as strategic financial advisor and participated in the round together with Swiss and Polish family offices.

The company plans to develop a PV module recycling facility in Teruel with an annual processing capacity of 10,000 tons. The plant will adopt an integrated automated production line designed for large-scale deployment.

According to the company, the facility will process end-of-life solar panels and recover materials including silver, silicon, copper, aluminum, and glass.

The company added that the Spanish plant is intended to support a scalable recycling model for European PV modules and reduce reliance on imported raw materials.

Financing progress: In April 2025, it completed a $7 million seed round (led by Khasma Capital), while also securing $14.5 million in U.S. Department of Energy tax credits (supported by the IRA legislation).

Plant plan: The industrial-scale recycling base in Florida is expected to involve total investment of approximately $90 million. After commencing operations in 2027, it will process 2 million panels annually, expanding to 6 million panels/year by 2030, with a focus on high-value metal recovery.

Financing progress:In July 2025, Jinghuan Jiayuan completed a Series A financing round worth tens of millions of yuan, jointly invested byRonghe Technology's investment platform, along with Xinyang Capital, which has completed a brand refresh (formerly “CITIC Environment Industry Fund”), while existing shareholderPuxin Capital continued to increase its stake. In April 2024, it completed a pre-A round worth tens of millions of yuan (#Puxin Capital investment).

Plant plan: A 10,000-ton-level production line was put into operation in 24, and domestic capacity expansion is underway for 26.