Co-founder & CEO
Profile summary: MS in Materials Engineering at RWTH Aachen University
Cylib
10/10Traction
Develops a proprietary, water-based hydrometallurgical process for recycling lithium-ion batteries, recovering over 90% of valuable materials without using harmful additives or excessive acids. This end-to-end solution reduces CO2 emissions and resource depletion, transforming battery waste and production scrap into high-quality, marketable raw materials that exceed future EU regulatory targets.
- Battery Technology
- Clean Technology
- New Materials
Updated 6 months ago
Funding
Raised to date
$71.4MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
10x FoundersNo round attributed
- 10xfounders.com (opens in a new tab)investor website
BoschNo round attributed
- bosch.ventures (opens in a new tab)investor website
PorscheNo round attributed
- porsche.ventures (opens in a new tab)investor website
Robert Bosch Venture CapitalNo round attributed
- rbvc.com (opens in a new tab)investor website
SpeedinvestNo round attributed
- speedinvest.com (opens in a new tab)investor website
Vsquared VenturesNo round attributed
- vsquared.vc (opens in a new tab)investor website
Funding rounds are not available yet.
Founders
Product
Problem
The extraction of raw materials for lithium-ion batteries through traditional mining methods leads to environmental damage and resource depletion. Existing battery recycling processes often rely on energy-intensive methods, generate significant CO2 emissions, and may involve the use of harmful chemicals.
Solution
cylib offers a proprietary hydrometallurgical recycling process for lithium-ion batteries that recovers over 90% of valuable materials, including lithium, cobalt, nickel, and graphite. The end-to-end process minimizes environmental impact by using less water, reducing acid consumption, and eliminating the need for additives in lithium recovery. By transforming battery waste and production scrap into high-quality raw materials, cylib provides a sustainable alternative to virgin material extraction, exceeding current and future EU regulatory targets.
Target Audience
cylib's primary customers include battery manufacturers, electric vehicle (EV) manufacturers, and recycling companies seeking sustainable and efficient solutions for lithium-ion battery recycling.
Features
- Patented pre-treatment process that reduces the need for acids in hydrometallurgical processes.
- Water-based lithium and graphite recovery, eliminating the need for additives.
- Recovery of base metals, including separation of aluminum and copper foils.
- End-to-end process covering the entire battery recycling value chain, from discharging to hydrometallurgical extraction.
- CO2-efficient technology that minimizes emissions compared to traditional recycling methods.
- Ability to process both end-of-life batteries and production scrap.
- Recycled products with a significantly lower carbon footprint than raw materials from mining.