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Startup · Germany

Cylib

HQ Aachen, GermanyFounded 202251-200 employeesUpdated

The cylib process transfers waste from end of life batteries or production scrap into marketable products.

Website

Funding5 rounds · ~$71.6M

Equity raised
~$71.6M
Debt, secondaries & grants
~$105M
Latest
~$74.2MGrant · Dec 19, 2025
Cumulative raised$71.6M
Oct 14, 2022May 15, 2024

Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.

Systems2

  • cygraphGraphite material recovered from end-of-life batteries; additional grades are planned.
  • cyliumLithium material product recovered through cylib’s battery-recycling process.

Newest unveiled first. Systems that belong to a government program link to the program page, where variants, costs and contracts are.

Capabilities1

  • Developer
    classify_sectors run 37, haiku, taxonomy 2026-10-18b: Recycles batteries and recovers metals hydrometallurgically; the battery and metals work is energy-storage related, and no defense use is stated.
    —Reported

Maturity and TRL describe this organization's work; the field-wide maturity is on each technology's page.

People
PersonRole
Gideon Schwich · LinkedIn ↗Co-CEO & Co-Founder
Lilian Schwich · LinkedIn ↗Co-Founder & Co-CEO
Paul SabarnyCo-Founder

Sources13

Show all 13 sources and supporting evidence

Profile4

  1. 1

    Sixth-Domain · Supports Organization · country, Organization · kind

    “{"country": "Germany", "hq_iso2": "DE", "id": "73010ace-69c5-44a6-be1c-09f132417ec8"}”
  2. 2

    Cylib · Supports Organization · description, Organization · linkedin url, Organization · name, Organization · website

    “The cylib process transfers waste from end of life batteries or production scrap into marketable products. Cylib covers all steps from the discharging of batteries up to hydrometallurgical extraction.”
  3. 3

    Octen Business Search · Supports Organization · employee range

    “employee_range: 51-200 (profile: 51-200 employees)”
  4. 4

    Owler · Supports Organization · founded year, Organization · hq city

    “founded_year: 2022”

Systems1

  1. 5

    Cylib · Supports System

    “cylium® is cylib's high-purity lithium product, recovered using our proprietary water-based technology. We extract lithium carbonate and other lithium compounds with minimal environmental impact, demonstrating our commitment to sustainable battery recycling.”

Funding7

  1. 6

    electrive · Dec 19, 2025 · Supports Funding round · amount

    “Cylib has secured €63.4 million in funding to finance the second expansion phase of its facility in Dormagen”
  2. 7

    LinkedIn (cylib) · Sep 24, 2025 · Supports Funding round · amount

    “cylib officially receives a €26.1 million non-dilutive grant”
  3. 8

    electrive · May 15, 2024 · Supports Funding round, Funding round · amount, Organization · ownership

    “The financing round was led by World Fund and Porsche Ventures.”
  4. 9

    Mercom India · Feb 20, 2023 · Supports Funding round · amount

    “has announced that it has raised €8 million”
  5. 10

    Battery-News · Feb 16, 2023 · Supports Funding round

    “Seed-Finanzierungsrunde von Oktober 2022”
  6. 11

    FYB Financial Yearbook · Supports Funding round

    “cylib closes its Series A”
  7. 12

    Startbase · Supports Funding round · amount

    “has completed a seed financing round and raised a total of 3.6 million euros”

People1

  1. 13

    Crunchbase · Supports Organization · hq city, Role

    “hq_city: Aachen”

Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.