Startups

Sustainable end-to-end battery recycling technology developer.

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Summary

Seedtable Score

Score icon 69

Locations

Company Size

  • 11 - 51

Last Stage Round

Insights

Cylib has strong potential in the growing field of battery recycling due to its focus on sustainability and end-to-end technological solutions. Positioned in Aachen, a region known for industrial innovation, the company addresses the inefficiencies of traditional methods and improper disposal, thus mitigating environmental degradation and ensuring regulatory compliance. Their approach helps businesses meet stricter environmental standards and reduce reliance on raw materials. Backed by investors like Porsche and Bosch, Cylib is well-equipped to expand its influence in the green technology sector and capitalize on the demand for sustainable recycling processes.

Total Funding
$71.6M

Investors

Full Company Profile