Summary
Insights
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.
Investors
10x Founders Seed
Speedinvest Seed
Porsche Series A
Robert Bosch Venture Capital Series A
World Fund Series A
World Fund Series A
Blue Impact Ventures Unknown
Vsquared Ventures Unknown