cylib
Next generation battery recycling
Germany · Founded 2022 · $143.0M raised
- Employees
- 51–200
- Founded
- 2022
- Business Model
- B2B
- Website
- cylib.de
- Total Funding
- $143.0M
- Last Round
- $69.7M GrantDec 2025
- Rounds
- 4
About
cylib is a next-generation battery recycling company founded in 2022 and based in Aachen, Germany. Born out of nearly a decade of research at RWTH Aachen University, cylib has developed a proprietary hydrometallurgical recycling process that recovers critical raw materials from end-of-life lithium-ion batteries. The company is building an industrial-scale recycling facility in Aachen targeting a 2026 launch, with the goal of strengthening Europe's battery supply chain and reducing dependence on imported critical minerals. cylib was co-founded by Dr. Lilian Schwich and Dr. Gideon Schwich and has grown to over 70 employees, backed by investors including Bosch, Porsche, and World Fund.
Summary
cylib is a Sustainability company based in Germany, founded in 2022. It has raised $143.0M in total across 4 rounds, most recently a $69.7M Grant round in Dec 2025. Investors include Speedinvest, World Fund and Porsche Ventures.
Tech & App Stack
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Funding History
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Dec 2025
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Investors
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