Syklo

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.

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

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

• Waste recycling services
• Circular economy solutions
• Biocomposite production
• Recycled plastic granules
• Industrial waste processing

Headquarters

HQ city

Oulu

HQ country

Finland

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Technology or R&D, Personnel, Supply Chain

Revenue model

1. 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.
2. Recycled plastic granules sales: Processing of plastic waste into recycled plastic granules (kierrätysmuovigranulaatti) for sale to manufacturers as raw material input.
3. 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

Core 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

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• Finnish waste management companiescoreStrategic or Co-development Partner · 2 June 2026Syklo 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 CorporationcoreTechnology or Integration · 17 December 2025Lamor 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.
• ElastopolicoreStrategic or Co-development Partner · 1 October 2024Syklo 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

Direct 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

• YouTubeyoutube.com/@syklogroup
• Facebookfacebook.com/syklocommunity
• LinkedInlinkedin.com/company/syklocommunity
• Instagraminstagram.com/syklogroup

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about Syklo