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).
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
Employees: 1-10
Total raised: $71.71M
Founded date: 2022
Investors 3
| Date | Name | Website |
| 17.10.2022 | Vsquared V... | vsquared.v... |
| 01.12.2022 | Blue Impac... | blueimpact... |
| 03.04.2024 | Speedinves... | speedinves... |
Funding Rounds 3
| Date | Series | Amount | Investors |
| 17.05.2024 | Series A | $59.81M | - |
| 24.02.2023 | Seed | $8.4M | Vsquared V... |
| 14.10.2022 | - | $3.5M | - |
Mentions in press and media 23
| Date | Title | Description |
| 06.02.2026 | +++ cylib +++ Schweiz +++ Venture Capital +++ Nato Innovation Fund +++ CDTM +++ Einhörner +++ | Was gibt’s Neues? In unserem #StartupTicker liefern wir eine kompakte Übersicht über die wichtigsten Startup-Nachrichten des Tages (Freitag, 6. Februar). #STARTUPLAND STARTUPLAND: Founders, VCs, and visionaries in one place +++ Am 18. März ... |
| 12.06.2025 | German CleanTech startup Voltfang secures €15 million and launches Europe’s “largest second-life battery factory” | Aachen-based Voltfang, a provider of European battery storage solutions for industrial, commercial, and grid-scale applications, has successfully closed its Series B financing round, raising €15 million. The round was led by Dutch DeepTech ... |
| 09.10.2024 | Baseload Capital joins Cleantech Scale-up Coalition to bolster European competitiveness. | Baseload Capital joins Cleantech Scale-up Coalition to bolster European competitiveness. Wed, Oct 09, 2024 09:30 CET Report this content At the Cleantech for Europe Summit in Brussels on September 26, Baseload Capital announced its decision... |
| 07.10.2024 | 14 millionenschwere Gründerinnen, die mehr Menschen kennen sollten | Auch im Jahre 2024 sind Gründerinnen in der deutschen Startup-Szene weiter komplett in der Minderheit. Die Gründerinnenquote in Deutschland ging zuletzt sogar zurück – von 20,7 % auf 18,8 %. Hinzu kommt weiter ein massiver Gender Funding Ga... |
| 19.08.2024 | 5 spannende Startups aus Aachen, die alle kennen sollten | Das schöne Städtchen Aachen ist immer einen Besuch wert, auch wenn man auf der Suche nach spannenden Startups ist. Insbesondere rund um die Rheinisch-Westfälischen Technischen Hochschule (RWTH), ist in den vergangenen Jahren eine äußerst in... |
| 25.07.2024 | Bridging the Gender Gap in Startup Funding: A Call to Action** ** | ** In the bustling world of startups, a glaring disparity looms large. Women founders are still a minority in the entrepreneurial landscape. In Germany, only 21% of startups are led by women. This statistic is more than just a number; it’s ... |
| 22.07.2024 | 9 millionenschwere Gründerinnen, die alle kennen sollten | Auch im Jahre 2024 sind Gründerinnen in der deutschen Startup-Szene weiter komplett in der Minderheit. Gerade einmal 21 % aller Startups wurden laut Startup-Monitor zuletzt von Frauen gegründet. Hinzu kommt weiter ein massiver Gender Fundin... |
| 17.05.2024 | Cylib raises €55M in largest-ever funding for European battery recycling | Sustainable end-to-end battery recycling firm cylib has raised €55 million Series A funding round in equity financing. The round is the largest round ever raised by a European battery recycling company, and was completed less than 24 months... |
| 15.05.2024 | cylib Raises €55M in Series A Funding | cylib, an Aachen, Germany-based sustainable end-to-end battery recycling firm, raised €55M in Series A funding. The round was led by World Fund, and Porsche Ventures, with participation from Bosch Ventures, DeepTech & Climate Fonds, NRW... |
| 15.05.2024 | Aachen-based cylib raises €55 million Series A to scale its next-gen lithium-ion battery recycling tech | - |
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