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Sustainable battery use: Over eight million euros investment for Circunomics

GET Fund and Schaeffler AG invest in young Mainz-based company

16-Jan-2025

The German start-upCircunomics GmbH (based in Mainz) successfully closed its Series A financing round in December 2024, raising over eight million euros from significant investors. Founded in 2019, the company promotes the circular economy for lithium-ion batteries by advancing ...

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'Made in Germany': Battery recycler cylib to scale strategic critical raw material production for Europe

Battery recycling is critical to Europe’s supply of strategic critical raw materials for resilient battery infrastructure

11-Sep-2024

Sustainable end-to-end battery recycling firmcylib today breaks ground on its first European industrial plant located at Currenta’s Chempark Dormagen in the federal state of North Rhine-Westphalia, Germany. One year after the commissioning of its pilot line in Aachen, cylib is marking the start ...

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Battery recycler cylib receives 55 million from Porsche and Co.

The investment round is the largest ever raised by a European battery recycling company

16-May-2024

cylib announced the completion of its €55 million Series A funding round in equity financing. The round, which is the largest round ever raised by a European battery recycling company, was completed less than 24 months after the company started operations. cylib will use the funds to power the ...

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Startups shaping the future of Europe’s circular economy

Green Alley Award Finalists

03-Apr-2024

The Green Alley Award, Europe’s first and longest-running award for startups and entrepreneurs pioneering the circular economy, has announced its finalists for 2024. Six startups have been selected from a total of over 300 applications and will pitch at the Green Alley Award finals on April 25, ...

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MECAWARE secures €40m to become the leader in battery recycling and the production of strategic metals in France and Europe

Its technology is based on ground-breaking innovation in dynamic combinatorial chemistry

10-Oct-2023

In order to speed up its industrial and commercial development, MECAWARE has secured €40 million from a pool of investors, the French government, under the auspices of the France 2030 plan, and its banking partners. This funding will enable the industrialisation of the pilot scheme for the ...

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Li-Cycle Starts Operations at its First European Lithium-Ion Battery Recycling Facility

Germany Spoke is the largest in Li-Cycle’s portfolio and expected to sustainably process up to 30,000 tonnes of lithium-ion battery material per year

07-Aug-2023

Li-Cycle Holdings Corp. announced the start of commercial operations at its first Spoke recycling facility in Europe, located in Magdeburg, Germany. The Germany Spoke’s first main processing line has now commenced operations, with the second main line expected to start later in 2023. Each main ...

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Recovery of all raw materials from batteries

Founder interview: Cylib

21-Jun-2023

Who is Cylib and what does Cylib do - in an interview, Gideon Schwich, Co-founder | COO, answers all questions of the chemie.de editorial team. Many thanks for this. On the one hand, we are the three founders: Lilian, Paul and Gideon. But above all, we now have a very strong team from a wide ...

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Li-Cycle and Glencore Announce Plans for a Significant European Recycling Hub

Would be the largest source of recycled battery-grade lithium as well as recycled nickel and cobalt in Europe

24-May-2023

Li-Cycle Holdings Corp., an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, and Glencore International AG, a wholly-owned subsidiary of Glencore plc, a leading producer, recycler, and marketer of nickel and cobalt for the ...

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Circular economy: joint project aims to increase recycling rate of lithium-ion batteries

Recovery of non-metallic components for the first time?

12-Apr-2023

Chemist Prof. Jan J. Weigand and his team at TU Dresden are partnering in a joint project aimed at improving the ecological footprint of lithium-ion batteries (LIBs). The project led by the start-up company Elyte Innovations GmbH is named "SWELL – Recovery of Electrolyte Salts and Solvents", and ...

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TUM spin-off LiBCycle takes complete care of used e-car batteries

Cashflow-positive after just one year

17-Nov-2022

What began as an idea about a transport container for old batteries has in the meantime grown into a complete recycling service for used batteries. The start-up LiBCycle, founded at the Technical University of Munich (TUM), is committed to Circular Economy and is thus contributing to sustainable ...

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