Cylib Overview

  • Year Founded
  • 2022

Year Founded

  • Status
  • Private

  • Employees
  • 88

Employees

  • Latest Deal Type
  • Series A

  • Latest Deal Amount
  • $59M

  • Investors
  • 17

Cylib General Information

Description

Provider of battery recycling services intended to enable the green energy transition. The company specializes in recovering raw materials during the recycling process with a high level of efficiency that drastically reduces the carbon footprint of the whole battery value chain, enabling electric vehicle manufacturers to reduce the need to mine additional raw materials and make the electric mobility industry more sustainable.

Contact Information

Website
www.cylib.de
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Philipsstraße 8
  • 52068 Aachen
  • Germany
+49 0241
Primary Industry
Other Commercial Services
Other Industries
Other Commercial Products
Environmental Services (B2B)
Vertical(s)
CleanTech, Climate Tech
Corporate Office
  • Philipsstraße 8
  • 52068 Aachen
  • Germany
+49 0241

Cylib Timeline

202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Cylib Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Early Stage VC (Series A) 15-May-2024 $59M Completed Generating Revenue
3. Seed Round 25-Jan-2023 Completed Generating Revenue
2. Accelerator/Incubator Completed Generating Revenue
1. Accelerator/Incubator Completed Generating Revenue
To view Cylib’s complete valuation and funding history, request access »

VC Exit Predictor

See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.

Opportunity Score

Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.

Exit Type

Evaluates the likelihood of a successful exit for investors, and the most likely exit type.

Request a free trial

Cylib Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of battery recycling services intended to enable the green energy transition. The company specializes in recove
Other Commercial Services
Aachen, Germany
88 As of 2025

Toronto, Canada
 

Offenbach, Germany
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Cylib Competitors (2)

One of Cylib’s 2 competitors is Li-Cycle, a Formerly PE-Backed company based in Toronto, Canada.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Li-Cycle Formerly PE-Backed Toronto, Canada
REDUX Recycling Formerly PE-Backed Offenbach, Germany
You’re viewing 2 of 2 competitors. Get the full list »

Cylib Patents

  • 2

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • 2

    Pending

  • Expiring in next 12 mo

Cylib Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
DE-102024116277-A1 Cementation Pending 11-Jun-2024
EP-4431622-A1 Targeted leach guide for efficient separation of lithium battery materials Pending 17-Mar-2023

Cylib Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Cylib Investors (17)

Investor Name Investor Type Holding Investor Since Participating Rounds
Bosch Ventures Corporate Venture Capital Minority
DeepTech & Climate Fonds Venture Capital Minority
NRW.Bank Investment Bank Minority
Porsche Ventures Corporate Venture Capital Minority
10x Founders Venture Capital Minority
You’re viewing 5 of 17 investors. Get the full list »

Ready to get started?

Request a free trial

Cylib FAQs

  • When was Cylib founded?

    Cylib was founded in 2022.

  • Where is Cylib headquartered?

    Cylib is headquartered in Aachen, Germany.

  • What is the size of Cylib?

    Cylib has 88 total employees.

  • What industry is Cylib in?

    Cylib’s primary industry is Other Commercial Services.

  • Is Cylib a private or public company?

    Cylib is a Private company.

  • What is Cylib’s current revenue?

    The current revenue for Cylib is .

  • How much funding has Cylib raised over time?

    Cylib has raised $71.4M.

  • Who are Cylib’s investors?

    Bosch Ventures, DeepTech & Climate Fonds, NRW.Bank, Porsche Ventures, and 10x Founders are 5 of 17 investors who have invested in Cylib.

  • Who are Cylib’s competitors?

    Li-Cycle and REDUX Recycling are competitors of Cylib.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »

  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »