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cylib
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Developer of technology for lithium battery recycling

Founded in 2022
Founded in

Company type Private Public ()
Company type

Industry Group waste & recycling

Sector waste management

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Germany Aachen, Germany
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Updated by at on 02/24/2025

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IPO INFORMATION

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Date Investors Type Amount
05/15/2024 World Fund World Fund , Porsche Ventures Porsche Ventures , Bosch Ventures Bosch Ventures , Deeptech and Climate Fonds Deeptech and Climate Fonds , Vsquared Ventures Vsquared Ventures , Speedinvest Speedinvest , 10x Founders 10x Founders , NRW.Venture NRW.Venture , Torge Thonnessen Torge Thonnessen , Maximilian Odendahl Maximilian Odendahl , Leopold Konig Leopold Konig , Karim Jalbout Karim Jalbout , Kai Hansen Kai Hansen , Andrej Henkler Andrej Henkler (14)
Post-money valuation of
cylib will use the funds to power the industrialization of its proprietary technology, which is already used by leading OEMs and battery manufacturers, by scaling up its operations at an already-secured brownfield industrial facility in Germany.
Series A $59,880,000
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