Circunomics GmbH, founded in 2019 in Mainz, Germany, specializes in lithium-ion battery lifecycle management. The company operates a sophisticated B2B marketplace that connects buyers and sellers of used batteries, particularly from electric vehicles and energy storage systems. Through advanced predictive analytics and digital solutions, Circunomics helps businesses maximize the value of their battery assets while promoting sustainable practices in the rapidly growing electric mobility sector. The company’s approach focuses on extending battery life through second-use applications and ensuring proper recycling when necessary, creating a circular economy for battery materials.
Battery Technology
Circunomics’ technology platform combines artificial intelligence and digital twin capabilities to provide precise analysis of battery health and performance. The system evaluates the State of Health (SoH) of used batteries and determines their suitability for various applications. This assessment process uses sophisticated algorithms to predict remaining battery life and potential use cases.
The company’s digital marketplace facilitates efficient trading of battery components, from complete packs to individual cells. Their proprietary software provides real-time analytics and matching capabilities, ensuring optimal pairing between available batteries and potential applications. This technology enables businesses to make informed decisions about battery reuse, repurposing, or recycling.
In 2023, Circunomics demonstrated its technical capabilities by successfully managing the trade of over 200 MWh in battery capacity. The platform’s accuracy in predicting battery performance and matching suitable applications has earned recognition from industry experts, including former Audi and Volvo CTO Peter Martens.
Recent Projects
In December 2024, Circunomics secured a significant Series A financing round exceeding eight million euros. This funding supports the company’s international expansion plans and the development of enhanced digital services. The company has strengthened its position in the European market and is actively developing new partnerships with major automotive manufacturers and energy storage providers.
Investors
Circunomics has attracted investment from several prominent organizations. The Series A round was co-led by GET Fund, a Munich-based venture capital firm, and Schaeffler AG, a leading automotive supplier. Additional investors include Orlen, a Polish energy group, and GG Rise from Düsseldorf. These partnerships provide not only financial support but also strategic advantages in expanding Circunomics’ market presence.
Business Details
Location: Mainz, Germany
Website: https://circunomics.com
LinkedIn: https://www.linkedin.com/company/circunomics/
