How much funding has cylib raised?

cylib has raised $143.0M in total funding, most recently a Grant round.

Who are cylib's investors?

cylib's investors include Speedinvest, World Fund, Porsche Ventures, Vsquared Ventures, Bosch Ventures.

Where is cylib headquartered?

cylib is headquartered in San Francisco Bay Area, Germany.

What industry is cylib in?

cylib operates in Sustainability, Climate Tech.

cylib

Next generation battery recycling

San Francisco Bay Area, Germany · Founded 2022 · $143.0M raised

Sustainability

Climate Tech

Headquarters: San Francisco Bay Area
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 San Francisco Bay Area, 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.