Boston, MA — Nth Cycle, the innovative metal processing and recycling technology company was selected as a finalist in the Innovative World category for the 14th annual SXSW Pitch® (formerly SXSW Accelerator). SXSW Pitch is the marquee event of South by Southwest® (SXSW®) Conference & Festivals (March 11 - 20, 2022) Startups Track, where leading startups from around the world showcase some of the most impressive technology innovations to a panel of hand-picked judges and a live audience. Out of the 655 companies that applied to present at SXSW Pitch 2022, Nth Cycle was selected among the 50 finalists spanning 10 separate categories.
The two-day event will be held the first weekend of SXSW Conference & Festivals, Saturday, March 12 and Sunday, March 13, on the fourth floor of the Downtown Hilton Austin, Salon D/E. The event will then culminate with the 2022 SXSW Pitch Awards Ceremony on Sunday evening, March 13, where winning startups from each category and a Best in Show winner will be announced and honored.
SXSW Pitch will feature finalists across the following 9 categories: Artificial Intelligence, Robotics & Voice, Enterprise & Smart Data, Entertainment, Gaming & Content, Extended Reality & Immersive Technology, Future of Work, Health, Wearables & Wellbeing, Innovative World Technologies, Smart Cities, Transportation & Logistics, and Social & Culture.
Nth Cycle will present among four other companies in the Innovative World category on Sunday March 13th, 2022.
“We are in the midst of an urgent energy transition that will require supplies of critical minerals in North America that simply do not exist,” said Megan O’Connor, Nth Cycle’s Co-Founder and Chief Executive Officer. “The world desperately needs a more reliable critical mineral supply, but the crippling financial and environmental costs of securing one have been a considerable barrier to an energy transition. Our technology removes these barriers and clears the path to an accelerated clean energy future. We are thrilled to be a part of this community of disrupters and thank SXSW for the opportunity to participate in the SXSW pitch.”
Nth Cycle has engineered and developed an environmentally friendly process called electro-extraction that recovers critical minerals such as cobalt and nickel. In less than twelve months, the company has scaled its technology by 100x from bench-scale to a full commercial demonstration, which will be deployed by April 2022. Nth Cycle’s technology allows recyclers and miners to recover critical minerals from discarded batteries and mine site waste using only electricity and carbon filters. Electro-extraction is a cleaner, lower-cost alternative to the conventional, and prohibitively dirty pyrometallurgy and hydrometallurgy processes currently used by battery recyclers and mining companies. Nth Cycle’s technology expands the circular supply chain for the clean energy transition and can help disrupt China’s dominance in mining and refining of critical minerals.
“Since its beginning, SXSW Pitch has significantly helped shape the early-stage venture ecosystem and connected promising companies with the resources they need to thrive, giving promising companies the resources they need to succeed when it matters most,” said SXSW Pitch Event Producer Chris Valentine. “Of the 572 companies who have participated since the competition’s inception, over 82 percent have gone on to secure funding and 17 percent have been acquired by the likes Google, British Telecom, Huffington Post, Apple, Live Nation, OpenTable. We’re excited to see this year’s impressive group of startups take to the stage and show us how their innovations will change the world.”
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