cylib GmbH is a start-up for holistic battery recycling. cylib's proprietary end-to-end process is characterized by the efficient, resource- and climate-friendly recovery of all valuable elements in an electric car battery from pack to cell level.
Due to the process developed over many years of research at RWTH Aachen University, the cylib process is accompanied by reduced CO2 emissions.
The company was founded in Aachen in 2022 by Lilian Schwich (CEO), Paul Sabarny (CTO) and Dr.-Ing. Gideon Schwich (COO).
Location: Germany, North Rhine-Westphalia, Aachen
Employees: 1-10
Total raised: $11.9M
Founded date: 2022
Investors 3
| Date | Name | Website |
| 17.10.2022 | Vsquared V... | vsquared.v... |
| 01.12.2022 | Blue Impac... | blueimpact... |
| - | Speedinves... | speedinves... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 24.02.2023 | Seed | $8.4M | Vsquared V... |
| 14.10.2022 | - | $3.5M | - |
Mentions in press and media 10
| Date | Title | Description | Source |
| 25.03.2024 | World Fund Closes €300M Climate Tech Fund, Making Waves in E... | World Fund, a Berlin-based climate tech venture capital firm, has successfully closed a €300 million... | parsers.vc... |
| 21.03.2024 | World Fund closes first €300M climate tech fund, seeking to ... | After three years of efforts, World Fund has finally closed a €300 million first fund, €50 million s... | techcrunch... |
| 30.06.2023 | 12 spannende ClimateTech-Startups, die jeder kennen sollte | Der Klimawandel bestimmt nun schon seit Jahrzehnten die Schlagzeilen. Aber erst in de vergangenen Ja... | deutsche-s... |
| 18.02.2023 | +++ Wefox +++ Pliant +++ Dance +++ natural mojo +++ Flix +++... | Was gibt’s Neues? In unserem #StartupTicker-Wochenrückblick liefern wir einen schnellen Überblick da... | deutsche-s... |
| 15.02.2023 | Squaring the circle on recycled batteries, Germany's cylib e... | Aachen-based cylib recently secured an €8 million extension to its seed round, bringing its total fo... | tech.eu/20... |
| 15.02.2023 | Germany-based cylib raises €8M for its new lithium battery r... | Germany-based cylib, a company that offers an “innovative” and sustainable technology for Lithium-io... | siliconcan... |
| 15.02.2023 | Battery recycling startup Cylib recharges its coffers to go ... | In 2024, a number of new EU regulations are expected to come into force, which will tighten the obli... | techcrunch... |
| 15.02.2023 | cylib sammelt 8 Millionen ein – sovity bekommt Millionensumm... | Im #DealMonitor für den 15. Februar werfen wir einen Blick auf die wichtigsten, spannendsten und int... | deutsche-s... |
| 15.10.2022 | Cylib secures seed funding for greener battery recycling | In Germany, Cylib GmbH, recently spun off from RWTH Aachen University, is a start-up for holistic ba... | electrive.... |
| - | cylib GmbH | “The cylib process transfers waste from end of life batteries or production scrap into marketable pr... | fastfounde... |