Cylib (Series A)
Funding Details
Awarder
Inbox
Date Award
June 14, 2024
Vertical
Lithium-ion battery recycling
Funding Amount
$214,000,000
Company Info
Market
Sustainability
Location
Munich, Germany
Coinvestors
Novo Holdings, NATO Innovation Fund, Export and Investment Fund of Denmark, European Investment Fund, Germany’s KfW Capital
Company Description

Cylib is a startup specializing in lithium-ion battery recycling. They focus on developing innovative solutions to address the growing need for sustainable battery disposal and recycling practices. By leveraging advanced technologies, Cylib aims to contribute to the circular economy by efficiently recycling lithium-ion batteries and reducing environmental impact.

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