Cling Systems

Stockholm, Sweden · Founded 2020 · $2.3M raised

Headquarters
Stockholm
Founded
2020
Business Model
B2B
Total Funding
$2.3M
Last Round
BridgeDec 2023
Rounds
2

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Cling Systems is a Stockholm-based brokerage that helps businesses sell surplus, used, and end-of-life lithium-ion batteries into reuse, repurposing, or recycling channels. The company assesses inventory value and risk, identifies and qualifies buyers, structures transactions, and orchestrates compliant logistics from sale through settlement. Hands-on since 2020, with hundreds of transactions closed, the company trades across more than 20 countries.

Summary

Cling Systems is an Energy Storage company based in Stockholm, Sweden, founded in 2020. It has raised $2.3M in total across 2 rounds, most recently a Bridge round in Dec 2023. Investors include Trucks Venture Capital and First Venture.

Funding History

BridgeDec 2023

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Funding: Seed through Bridge. Amounts, valuations, and investors where available.

Investors

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