Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.

Firms / Next Cycle Management LLC

Next Cycle Management LLC

Institutional venture firm · probableUSnextcycle.vcSEC exempt reporting adviseremerging manager

Circularity At Scale WHAT we do We invest in companies with developed circularity infrastructure technologies, at a stage where they are transitioning from first commercial prototype to rapid growth.   We aim to accelerate commercialization and asset deployment as a capital and operational partner, investing time and money to help them shape and execute their […]

venture manager, reported GAV $68M across 3 vehicles

Importance
19
moderate
Active deployment
15
moderate
Emerging
91
high
Completeness
63
high
Freshness
99
high
Research priority
30
moderate
Identity and regulatory footprint
Headquarters
unknown
Office address
unknown
Business phone
+1 3103671231adviserinfo.sec.gov
Website
http://www.nextcycle.vc
SEC adviser type
exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
private fund adviseradviserinfo.sec.gov
Latest Form ADV
May 5, 2026
Private funds reported
3 (3 venture capital funds)adviserinfo.sec.gov
Private fund gross assets
$67.8Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
business email
info@nextcycle.vcnextcycle.vcpublished by the subject
business phone
+1 3103671231adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
4 observed deals
Stated (the firm’s website)
Sectors
climate, energy, hardware, govtech
Stages
growth
Geography
asia, europe, north america
Check size
not stated; DFX does not estimate checks from round sizes
Self-described
growth investor
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 100%
lead rate n/afollow-on rate n/anew logos, 12 months 4
Funds and vehicles
3 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Next Circular Technologies Fund LPFundunknownUnknown$54.4M
Sep 12, 2026
21unknownunknown
Next Circular Technologies Nqp Fund LPFundunknownUnknown$7.4M
Sep 12, 2026
12unknownunknown
Next Circular Technologies-C Fund LPFundunknownUnknown$6.0M
Sep 12, 2026
4unknownunknown
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
4 current, 0 departed
Giffen Ott
Managing Partner · since Sep 1, 2025
Managing partner
FactIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
Giffen Ott
Founder & Managing Partner
Managing partner
FactVenture organization websites (about, team, portfolio, thesis, news pages)
Aidan Michael Stretch
Partner And Chief Development Officer · since Sep 1, 2025
Partner
FactIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
Aidan Stretch
Founder, Partner & CDO
Partner
FactVenture organization websites (about, team, portfolio, thesis, news pages)
Investments on record
4 edges, 4 companies, 0 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Burcellportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
EVRNUportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
InPipeportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
Synovaportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.
Co-investors
0 relationships from shared deals, counted for the whole firm
No co-investor relationship yet: these are derived only from rounds and portfolio listings the graph has seen both investors on.
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
4 dated events
  1. Sep 12, 2026
    Next Circular Technologies-C Fund LP first reported on Form ADV by Next Cycle Management LLC, GAV $6,000,000
    Fund first reported on Form ADVFundsFactNext Circular Technologies-C Fund LPIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
  2. Sep 12, 2026
    Next Circular Technologies Nqp Fund LP first reported on Form ADV by Next Cycle Management LLC, GAV $7,360,000
    Fund first reported on Form ADVFundsFactNext Circular Technologies Nqp Fund LPIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
  3. Sep 12, 2026
    Next Circular Technologies Fund LP first reported on Form ADV by Next Cycle Management LLC, GAV $54,434,000
    Fund first reported on Form ADVFundsFactNext Circular Technologies Fund LPIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
  4. Dec 15, 2025
    Next Cycle Management LLC appears on the SEC adviser roster (ERA)
    First SEC adviser filingOrganizationFactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Classification history
  1. Sep 13, 2026
    Institutional venture firm (probable, 80%, cls-1)
    venture manager, reported GAV $68M across 3 vehicles
  2. Sep 12, 2026
    Institutional venture firm (probable, 70%, cls-1)
    venture manager with no reported fund assets yet (scale unknown)
Evidence
30 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedvc_funds_reportedMay 5, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC exemption claimedprivate_fund_adviserMay 5, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC adviser typeexempt_reporting_adviserMay 5, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Latest Form ADV filing2026-05-05May 5, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Adv pdf loadedadv-pdf-1Sep 12, 2026FactIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
SEC statusERA - ActiveMay 5, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
SEC status effective2025-12-15May 5, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Business phone+1 3103671231May 5, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Contact page urlhttps://nextcycle.vc/wp-content/plugins/contact-form-7/includes/css/styles.css
“contact page linked from the home page”
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
DescriptionCircularity At Scale WHAT we do We invest in companies with developed circularity infrastructure technologies, at a stage where they are transitioning from first commercial prototype to rapid growth.   We aim to accelerate commercialization and asset deployment as a capital and operational partner, investing time and money to help them shape and execute their […]
“meta description”
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
DescriptionCircularity At Scale WHAT we do We invest in companies with developed circularity infrastructure technologies, at a stage where they are transitioning from first commercial prototype to rapid growth.   We aim to accelerate commercialization and asset deployment as a capital and operational partner, investing time and money to help them shape and execute their […]
“meta description”
Sep 12, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Self-described typegrowth_investor
“Aidan is a co-founder, partner, and CDO at Next Cycle, a growth equity fund management company focused on investments in circular technology and infrastructure assets.”
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Self-described typegrowth_investor
“Aidan is a co-founder, partner, and CDO at Next Cycle, a growth equity fund management company focused on investments in circular technology and infrastructure assets.”
Sep 12, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Legal formLimited Liability CompanyMay 5, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Portfolio pagehttps://nextcycle.vc/portfolio/
“4 entries read”
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Portfolio pagehttps://nextcycle.vc/portfolio/
“4 entries read”
Sep 12, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Private funds reported3May 5, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Private fund gross assets (reported)$67.8MMay 5, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Stated geographyasia,europe,north america
“geography words on the home page”
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated geographyasia,europe,north america
“geography words on the home page”
Sep 12, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated sectorsclimate,energy,hardware,govtech
“sector words on the home page”
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated sectorsclimate,energy,hardware,govtech
“sector words on the home page”
Sep 12, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated stagesgrowth
“stage words on the home page”
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated stagesgrowth
“stage words on the home page”
Sep 12, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Team pagehttps://nextcycle.vc/team/
“2 name/title pairs read”
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Team pagehttps://nextcycle.vc/team/
“2 name/title pairs read”
Sep 12, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Venture funds reported3May 5, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Websitehttp://www.nextcycle.vcMay 5, 2026FactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Site titleHome - Next Cycle Management LLC
“title tag”
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Site titleHome - Next Cycle Management LLC
“title tag”
Sep 12, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)