Syklo
Syklo is a Finnish circular-economy company that receives construction, retail, and industrial waste, then processes it into recycled plastic granulate and biocomposite products for B2B manufacturing customers across Finland.
- Company typePrivate
- Founded2022
- HeadquartersOulu, Finland
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Syklo does
Syklo is a privately held Finnish circular-economy company founded in 2022 and headquartered in Oulu, operating an integrated waste-to-product platform for B2B customers in the construction, retail, and industrial sectors. The company accepts, sorts, and processes waste streams into higher-value outputs — primarily recycled plastic granulate (kierrätysmuovigranulaatti) and biocomposite materials (biokomposiitti) — through dedicated facilities in Oulu and the forthcoming Hyvinkää circular economy hub. The Oulu sorting facility handles approximately 75,000 tonnes of waste annually, and the Hyvinkää hub, opening in 2026, will host Finland's largest plastic recycling plant plus an 8,000 tonnes-per-year biocomposite facility, equipped with one of Europe's first Zero Liquid Discharge water treatment systems in plastic recycling.
Revenue mechanics are split across three streams: per-load fees for waste reception and fraction-specific recycling (bitumen, gypsum, film plastic, plastic pipes, cardboard, flat glass), transaction-based sales of recycled plastic granulate, and biocomposite product sales leveraging Elastopoli's patented technology acquired in October 2024. Syklo maintains three Finnish sites — a combined HQ and sorting facility in Oulu, a sales and administrative office in Helsinki, and the Hyvinkää production cluster — and supplements its own processing with partnerships, notably an eight-company consortium of regional Finnish waste-management operators feeding hard plastics into the new plant. Distribution is direct B2B sales (enterprise and mid-market), with additional brand-building via a multilingual website (Finnish, English, Korean, German), social channels, and participation in the 2026 Amazon Devices Climate Tech Accelerator.
Syklo firmographics
Firmographics- Name
- Syklo
- Legal name
- Syklo Oy
- Website
- https://syklo.fi
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Syklo is a Finnish circular-economy company that receives construction, retail, and industrial waste, then processes it into recycled plastic granulate and biocomposite products for B2B manufacturing customers across Finland.
- Ownership category
- akta.pro rank
Syklo industry classification
Industry- Product category
- Waste Management & Recycling Services
- NAICS
- Materials Recovery Facilities (56292)
- SIC
- Refuse Systems (4953)
- akta.pro primary industry
- Post-Consumer Plastic Collection & Sorting (MRF/PRF, Bale Supply) (EUAIAKAA)
- akta.pro secondary industries
- Asset Recovery, Surplus & Decommissioning Services (EUAIANAD), Recycling Transfer & Consolidation (Single-Stream, Dual-Stream, Source-Separated) (EUAIABAC)
Keywords
Where Syklo is headquartered
LocationHeadquarters
- HQ city
- Oulu
- HQ country
- Finland
- HQ region
- Europe
Offices3 records
Markets served
Syklo business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Technology or R&D, Personnel, Supply Chain
Revenue model
- Waste reception and treatment services: Syklo receives and processes construction, demolition, energy, retail, and industrial waste materials. Services include waste sorting, treatment, and processing into higher-value products.
- Recycled plastic granules sales: Processing of plastic waste into recycled plastic granules (kierrätysmuovigranulaatti) for sale to manufacturers as raw material input.
- Biocomposite product sales: Production and sale of biocomposite materials, a higher-value recycled product derived from waste materials, targeting sustainable manufacturing applications.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels7 records
Syklo product offering
Product offeringCore offering
Syklo is a Finnish circular economy company that receives, sorts, and processes construction, retail, and industrial waste, transforming it into higher-value recycled products. Its two primary sellable products are recycled plastic granules (kierrätysmuovigranulaatti) and biocomposite (biokomposiitti), produced using Elastopoli's patented technology acquired in October 2024. The company also offers single-fraction recycling services (bitumen, gypsum, film plastic, plastic pipes, cardboard, flat glass) and operates Finland's largest plastic recycling plant at its Hyvinkää hub (opening 2026).
Product overview
Syklo is a Finnish circular economy company offering a comprehensive portfolio of waste management services and recycled material products. The company operates waste reception, sorting, and processing facilities, transforming construction, commercial, and industrial waste into higher-value products. The core product portfolio consists of two main offerings: Recycled Plastic Granulate (kierrätysmuovigranulaatti) and Biocomposite (biokomposiitti), both derived from processed waste streams. Additional services include waste reception and handling, individual waste fraction recycling (bitumen, gypsum, film plastic, plastic pipes, cardboard, flat glass), and a mobile application for community engagement. Major facilities include the Oulu sorting facility (75,000 tonnes annually) and the Hyvinkää circular economy cluster with Finland's largest plastic recycling plant and biocomposite facility (opening 2026).
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- Oulu sorting facility processes 75,000 tonnes of waste annually
- +2 more outcomes
Companies that use Syklo
Customer profileSegments3 records
Ideal customer profiles3 records
Syklo technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Syklo partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Finnish waste management companiescoreSyklo partnered with eight Finnish waste management pioneers: Pirkanmaan Jätehuolto Oy, Kymenlaakson Jäte Oy, Etelä-Karjalan Jätehuolto Oy, Kiertokaari Oy, Rosk'n Roll Oy Ab, Napapiirin Residuum Oy, Kiertokapula Oy, and HSY Helsingin seudun ympäristöpalvelut. The partnership enables collection and utilization of hard plastics (kovamuovit) as raw material for new products at Syklo's Finland's largest plastic recycling plant.
- Lamor CorporationcoreLamor received an order exceeding EUR 1 million to deliver an advanced Zero Liquid Discharge water treatment system to Syklo's plastic recycling plant in Hyvinkää, Finland. The turnkey solution includes chemical precipitation, ultrafiltration, activated carbon filtration, and reverse osmosis to prevent wastewater and microplastics from entering waterways. Deliveries scheduled for end of Q1 2026.
- ElastopolicoreSyklo acquired 100% of Elastopoli, a pioneer in biocomposite technology. The acquisition integrates Elastopoli's patented technology into Syklo's operations, enabling enhanced biocomposite production and recycling with plans to triple Elastopoli's pilot plant capacity and establish a commercial-scale facility producing 8,000 tonnes annually by 2025.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Syklo competitors and assessment
Company assessmentDirect peers
- MBA Polymers: US-based advanced plastics recycler producing post-consumer recycled plastic grades from complex waste streams. Closely comparable to Syklo's recycled plastic granulate business, with a similar end-market of manufacturers seeking recycled-content raw material inputs.
- Remeo: Finnish circular economy company operating waste reception, sorting, and material recovery infrastructure with ambitions in plastics recycling. Directly comparable to Syklo in geography (Finland), customer base (construction, retail, industrial waste generators), and integrated waste-to-product business model.
- Lassila & Tikanoja: Listed Finnish environmental services company providing waste management, recycling, and circular economy services to construction, retail, and industrial customers. Comparable in customer base, vertical scope, and Finnish operating footprint.
- Plastic Energy: Global advanced plastic recycling company converting end-of-life plastics into recycled feedstock via chemical recycling. Comparable in technology ambition and end-market, though Syklo is mechanical/reprocessing-focused while Plastic Energy uses thermal conversion.
- GreenDot Global: European plastics-to-products recycler converting post-consumer plastic waste into recyclate for consumer goods manufacturers. Comparable in business model of sourcing mixed plastic waste and selling recycled-content outputs into branded manufacturer supply chains.
Emerging players
- Carbios: French biotech company developing enzymatic recycling of PET and bio-based polyesters. Comparable as a technology-driven circular plastics player targeting the same brand-owner/manufacturer customer base seeking recycled-content materials.
Broad incumbents
- Fortum: Finnish energy and circular economy major with waste-to-energy operations and recycling services. Comparable as a Finland-based circular economy operator, though with a much broader portfolio across power, heat, and waste infrastructure.
- Veolia: Global environmental services leader operating waste collection, sorting, materials recovery, and recycling infrastructure across Europe. Comparable in vertical integration across the waste-to-recycled-product value chain, though at vastly greater scale and geographic breadth than Syklo.
- UPM Biofore: Finnish forest products and biocomposites major producing bio-based materials and composites for industrial applications. Comparable on the biocomposite product side and as a Finnish sustainable-materials operator, though UPM's scale and product breadth are far larger.
Others
- Tomra: Norwegian provider of sensor-based sorting equipment widely used in materials recovery facilities. Comparable as enabling technology for the sorting step inside Syklo's Oulu and Hyvinkää operations, though Tomra is a technology vendor rather than a recycler.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Syklo social profiles
Digital presenceSyklo financial estimates
Financial estimateRevenue estimate
Valuation estimate
Syklo leadership team
Management profileNumber of profiles
Syklo subsidiaries and ownership
Company hierarchySubsidiaries1 record
Syklo funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Syklo M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Syklo
What does Syklo do?
Syklo is a Finnish circular economy company that receives, sorts, and processes construction, retail, and industrial waste, transforming it into higher-value recycled products. Its two primary sellable products are recycled plastic granules (kierrätysmuovigranulaatti) and biocomposite (biokomposiitti), produced using Elastopoli's patented technology acquired in October 2024. The company also offers single-fraction recycling services (bitumen, gypsum, film plastic, plastic pipes, cardboard, flat glass) and operates Finland's largest plastic recycling plant at its Hyvinkää hub (opening 2026).
Is Syklo a public or private company?
Syklo is a private company. It is classified as unknown and is currently operating.
When was Syklo founded?
Syklo was founded in 2022. It employs 11 to 50 people.
Where is Syklo based?
Syklo is headquartered in Oulu, Finland, in the Europe region.
How does Syklo make money?
Three revenue lines are on record. Waste reception and treatment services are the primary driver. The others are recycled plastic granules sales and biocomposite product sales.
Who are Syklo's main competitors?
Direct peers on record are MBA Polymers, Remeo, Lassila & Tikanoja, Plastic Energy and GreenDot Global. Carbios is listed as an emerging player. Broad incumbents are Fortum, Veolia and UPM Biofore. Tomra is listed as an others.
Does Syklo have an API?
No public API is recorded for Syklo.
What industry is Syklo in?
Syklo's product category is Waste Management & Recycling Services. Its primary akta.pro industry code is EUAIAKAA, Post-Consumer Plastic Collection & Sorting (MRF/PRF, Bale Supply), with a secondary code of EUAIANAD, Asset Recovery, Surplus & Decommissioning Services. Its NAICS code is 56292 and its SIC code is 4953.