cylib logo

cylib

Startups icon Seedtable Score 48 Startups icon Startups

3

Funding Rounds

7

Investors

$71.61m

Money raised

Overview

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.
  • Website: https://cylib.de
  • Business model: b2b
  • Company size: 11 - 51 employees
  • Headquarters: Aachen, Germany
  • Founded: 2022
  • Social accounts: Linkedin

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Investors (7)

Blue Impact Ventures logo Blue Impact Ventures

Climate Tech & Green Tech, Health Tech, Agritech, Foodtech, Hardware, ...

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Speedinvest logo Speedinvest

Climate Tech & Green Tech, Health Tech, Edtech, FinTech, Crypto & web3, ...

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Funding

Funding series

Funding Series Analysis

The company cylib has raised a total of $71.61m in funding over 3 rounds.

Key Insights:

  • Unknown: $3.5m
  • Seed: $8.58m
  • Series A: $59.53m
cylib logo
cylib Unknown (2022, $3M) $3.5m
cylib logo
cylib Seed (2023, $8M) $8.58m
cylib logo
cylib Series A (2024, $59M) $59.53m