Cylib-preview

Cylib

Private

Aachen, North Rhine-WestphaliaEnergy & Sustainabilityhttps://www.cylib.de

Last Round

Grant

Sep 24, 2025

Total Funding Raised

$102.04M

Momentum Score

25 /100

Company Overview

Cylib is a battery recycling company that focuses on efficiently recovering raw materials to support the green energy transition and reduce the carbon footprint of the electric mobility industry.

Sector

Energy & Sustainability

Verticals

Circular Economy, Sustainable Materials, Waste Management, Clean Manufacturing

Business Model

B2B

Customer Profile

Services & Consulting, Hardware Sales, Government Contracts

AI Layer

Non-AI

Keywords

battery recyclinglithium-ion battery recyclingEV battery recyclingraw material recoverylithium recoveryhydrometallurgical recyclingbattery recycling plantgraphite recoverycircular economyproduction scrap recyclingblack mass concentrateBMCsustainable battery materialsend-of-life batteriesdesign for recycling

Historical Pricing

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Caplight Momentum Score

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Cylib Comps

Public and private peers based on sector, stage, and business model.

Company	Status	Est. Valuation	Rev Multiple
OpenAI	Private	$86.0B	~40x
Cohere	Private	$5.0B	--
Competitor 1	Public	$XX.XB	XXx
Competitor 2	Public	$XX.XB	XXx

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Cylib Funding Rounds

Historical fundraising activity

Round	Date	Amount Raised	Valuation	Investors	Sources
Grant	Sep 24, 2025
Series A	May 15, 2024
Seed	Feb 15, 2023
Seed	Oct 14, 2022

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Key People

Founding team and executive leadership

Tobias Elwert

Chief Technology Officer

Executive Team

Cylib Investors

Notable investors and investment history

Investor	Rounds
Blue Impact Ventures	Seed
Bosch Ventures	Series A
NRW.Venture	Series A
DeepTech & Climate Fonds	Series A
Porsche Ventures	Series A
Oikos Innovation Capital	Series A
European Union ERDF/JTF Programme	Grant

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Market signals

Structured signals derived from secondary market and firmographic data.

Apr 9, 2026
Joins 25 organizations to develop battery alternatives and recycling.
Mar 1, 2026
Implementing SAP S/4HANA for production operations.

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Cylib Filings

SEC and related filings with document metadata.

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Cylib Filings

SEC and related filings with document metadata.

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Firmographic Details

HeadquartersAachen, North Rhine-Westphalia

Employee Range124

Year Founded2022

Last FundingSep 24, 2025

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