

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.
Funding5 rounds · ~$71.6M
- Equity raised
- ~$71.6M
- Debt, secondaries & grants
- ~$105M
- Latest
- ~$74.2MGrant · Dec 19, 2025
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Dec 19, 2025 | Grant | ~$74.2M | — | German Federal Ministry for Economic Affairs and Energy (formerly BMWK) | — | Reported |
| Sep 24, 2025 | Grant | ~$30.6M | — | — | — | Confirmed |
| May 15, 2024 | Series A | ~$59.5M | — | Porsche Investments Management S.A., World Fund | 10x Founders, Bosch Ventures, Speedinvest, Vsquared Ventures | Reported |
| Feb 15, 2023 | Seed | ~$8.6M | — | World Fund | 10x Founders, Speedinvest, Vsquared Ventures | Reported |
| Oct 14, 2022 | Seed | ~$3.5M | — | — | Speedinvest, Vsquared Ventures | Reported |
- ~$74.2MDec 19, 2025
- GrantConfirmed~$30.6MSep 24, 2025
- Series A~$59.5MMay 15, 2024
- ~$8.6MFeb 15, 2023
- SeedWith Speedinvest, Vsquared Ventures~$3.5MOct 14, 2022
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
Newest unveiled first. Systems that belong to a government program link to the program page, where variants, costs and contracts are.
Capabilities1
| Technology | Role | Maturity | TRL | Notes | Confidence |
|---|---|---|---|---|---|
| Advanced manufacturing and materials | 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 |
- Developerclassify_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.
People3
| Person | Role |
|---|---|
| Gideon Schwich · LinkedIn ↗ | Co-CEO & Co-Founder |
| Lilian Schwich · LinkedIn ↗ | Co-Founder & Co-CEO |
| Paul Sabarny | Co-Founder |
Sources13
Show all 13 sources and supporting evidence
Profile4
- 1
Sixth-Domain · Supports Organization · country, Organization · kind
“{"country": "Germany", "hq_iso2": "DE", "id": "73010ace-69c5-44a6-be1c-09f132417ec8"}”
- 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.”
- 3Databasecylib company profile
Octen Business Search · Supports Organization · employee range
“employee_range: 51-200 (profile: 51-200 employees)”
- 4DatabaseCylib - Owler company profile
Owler · Supports Organization · founded year, Organization · hq city
“founded_year: 2022”
Systems1
- 5Companycylib | Products
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
- 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”
- 7CompanyMajor milestone - cylib
LinkedIn (cylib) · Sep 24, 2025 · Supports Funding round · amount
“cylib officially receives a €26.1 million non-dilutive grant”
- 8
electrive · May 15, 2024 · Supports Funding round, Funding round · amount, Organization · ownership
“The financing round was led by World Fund and Porsche Ventures.”
- 9
Mercom India · Feb 20, 2023 · Supports Funding round · amount
“has announced that it has raised €8 million”
- 10
Battery-News · Feb 16, 2023 · Supports Funding round
“Seed-Finanzierungsrunde von Oktober 2022”
- 11
FYB Financial Yearbook · Supports Funding round
“cylib closes its Series A”
- 12
Startbase · Supports Funding round · amount
“has completed a seed financing round and raised a total of 3.6 million euros”
People1
- 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.
