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cylib
cylib is a holistic and sustainable battery recycling company founded in 2022 in Aachen, Germany, born out of RWTH Aachen University. The company transforms end-of-life batteries into critical raw materials to strengthen resilient European value chains.
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cylib at a glance
cylib is a recycling company headquartered in Germany. It has raised at least $127.9M across the 2 funding rounds on record. Its most recent funding round, Series A, raised $68.5M in December 2025. Xcout tracks 6 named people at cylib, including Lilian Schwich (CEO).
cylib leadership
- Lilian SchwichCEO
- Gideon SchwichCOO
- Paul SabarnyCTO
- Dr. Gideon SchwichCo-Founder
- Dr. Lilian SchwichCo-Founder
- Paul SabarnyCo-Founder
cylib funding rounds
At least $127.9M raised across the 2 rounds on record. Every round on record:
| Date | Round | Amount | Investors |
|---|---|---|---|
| Series A | $68.5M | 8 named | |
| Series A | $59.4M | 8 named |
Who invested in each round, lead investors, valuations and the co-investor graph — open the full funding history →
Investors
cylib competitors
A few of cylib's closest competitors — see the full list of competitors and alternatives →
Electrified Materials Corporation provides recycling and circular solutions for end-of-life batteries, magnets, and various metals. The company aggregates and processes these materials to supply feedstocks containing critical elements, such as lithium, cobalt, nickel, and rare earth elements, for advanced technology manufacturing.
Lithion Recycling is a Montreal, Quebec-based innovator of cost-efficient and sustainable lithium-ion battery recycling technologies designed to power electric vehicles.
Agilyx provides advanced recycling technologies and feedstock solutions to convert post-use plastic waste into valuable resources. The company serves the recycling and manufacturing industries by offering design, engineering, and depolymerization services to create circular models for plastic reuse.
Pyrum Innovations AG develops, builds, and operates industrial recycling plants that utilize a patented thermolysis process to recycle used tires, rubber, and plastic waste. The company transforms these waste materials into high-quality secondary raw materials such as pyrolysis oil, recovered carbon black, and steel wire, which are fed back into the material loop.
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More on cylib in Xcout Intel
- 6 named people with titles, LinkedIn and board committees
- 2 funding rounds with the investors in each, and who they co-invest with
- The full competitor set, tracking, exports and API access