Cyclezyme

What Cyclezyme does

Cyclezyme AB is a Swedish biotech company headquartered in Lund that has developed an enzymatic platform for breaking down plastics and synthetic textiles into reusable molecular building blocks. The platform identifies, develops, and optimizes biocatalysts — specifically enzymes targeting PET and polyamide (nylon) — using biotechnology that combines computational methods with recombinant technology. The technology is positioned as a complement or alternative to conventional thermomechanical recycling, addressing waste streams that are mixed, contaminated, or complex and currently sent to incineration or landfill. Cyclezyme's IP originates from academic research at Lund University by co-founder and CTO Dr. Javier Linares-Pastén.

The company's business model centers on enterprise partnerships and technology licensing with industrial companies that generate plastic and textile waste. It does not sell a standardized product; instead, it collaborates with selected partners to co-develop and scale enzymatic recycling processes tailored to specific waste streams. A flagship collaboration with Albany International Corp. focuses on enzyme-based recycling of polyester and polyamide industrial textiles, with successful depolymerization trials completed and discussions underway on industrial scaling. The company is publicly listed on Sweden's Spotlight Stock Market under ticker CYCLE, and raised approximately $3M in an April 2025 funding round.

Cyclezyme serves industrial customers with circular economy and sustainability mandates, particularly in textile and plastics value chains where conventional recycling is insufficient. The company aligns its mission with UN Sustainable Development Goals 12, 13, and 14, and its technology is designed to operate under milder process conditions than thermomechanical recycling, supporting lower-energy, higher-precision material recovery. The team is small (1-10 employees), led by co-founder and CEO Dr. Peter Falck, with the co-founders' academic ties to Lund University serving as a core R&D anchor.

Name

Cyclezyme

Legal name

Cyclezyme AB

Website

https://cyclezyme.se

Company type

Public

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Cyclezyme AB is a Swedish biotech company that develops an enzymatic platform to depolymerize PET and polyamide (nylon) plastics and textiles into reusable building blocks. It licenses this technology to industrial enterprises — notably Albany International Corp. — seeking circular recycling solutions for hard-to-recycle waste streams.

Ownership category

akta.pro rank

Product category

Biotechnology

NAICS

Plastics Material and Resin Manufacturing (325211), Resin, Synthetic Rubber, and Artificial and Synthetic Fibers and Filaments Manufacturing (3252)

SIC

Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821), Industrial Organic Chemicals (2860)

akta.pro primary industry

Chemical Recycling & Depolymerization of Bio-based/Compostable Plastics (advanced recycling pathways) (IMANANAJ)

Keywords

• Enzymatic recycling
• Plastic recycling technology
• PET depolymerization
• Biocatalyst development
• Circular materials

Headquarters

HQ city

Lund

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Others

Revenue model

1. Technology Licensing and Partnership Revenue: Cyclezyme develops and scales enzyme-based technologies for sustainable recycling of plastics and textiles. Revenue is generated through strategic partnerships, technology licensing, and collaboration agreements with industrial companies seeking circular solutions for their plastic and textile waste streams.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Cyclezyme develops and licenses a proprietary enzymatic platform that identifies, develops, and optimizes enzymes capable of breaking down PET and polyamide (nylon) plastics and textiles into valuable reusable building blocks. The company sells access to this biocatalyst technology primarily through enterprise partnerships and licensing agreements with industrial companies seeking circular, sustainable recycling solutions for plastic and textile waste streams.

Product overview

Cyclezyme offers a single unified product: its Enzymatic Platform. This platform represents an advanced enzymatic technology designed to enable greener biochemical processes for plastic recycling. The platform identifies, develops and optimizes enzymes capable of breaking down plastics, specifically PET and polyamide (nylon), into valuable building blocks for creating new materials. The technology enables circular recycling where materials can be broken down into reusable building blocks for new products.

Differentiator

Problem solved

Functional benefit

Products and services

• Enzymatic Platform Advanced enzymatic platform that identifies, develops, and optimizes enzymes capable of breaking down PET and polyamide (nylon) plastics and textiles into valuable reusable building blocks. Designed for industrial customers seeking circular, sustainable recycling solutions for hard-to-recycle mixed, contaminated, or complex plastic and textile waste streams. Operates under milder process conditions than conventional thermomechanical recycling, with high-precision material targeting.

Quantifiable outcome

• Successfully depolymerized textile samples and developed nylon-degrading enzymes capable of breaking down both polyester and nylon materials

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• Albany International Corp.coreStrategic or Co-development Partner · 22 June 2026Cyclezyme AB and Albany International Corp. have established a collaboration focused on enzyme-based recycling of polyester and polyamide industrial textiles. Cyclezyme has successfully depolymerized textile samples and developed nylon-degrading enzymes capable of breaking down both polyester and nylon materials. The companies have initiated discussions regarding the next phase focused on scaling and industrial applications. Circular solutions have been identified as a growing priority among Albany International's customers amid stricter sustainability requirements. The partnership supports Albany's sustainability positioning and investment narrative.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Market position

Strengths5 records

Weaknesses2 records

Competitive moat3 records

Key risks6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cyclezyme