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Nth Cycle announces $1.1 billion agreement with Trafigura, expanding U.S. and Europe Operations
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Nth Cycle announces $1.1 billion agreement with Trafigura, expanding U.S. and Europe Operations
A lot has happened for Nth Cycle since the company graduated from the 2018 cohort of Innovation Crossroads at Oak Ridge National Laboratory. Megan O’Connor, the founder of Boston-based Nth Cycle, opened a 21,000-square-foot refining facility in Fairfield, OH, secured $7.2 million under the Advanced Energy Project Tax Credit (48C) program of the “Inflation Reduction Act,” and closed a $44 million series B. Those accomplishments just scrape the su…
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