Circunomics
Founded Year
2019Stage
Seed VC | AliveAbout Circunomics
Circunomics operates in the energy sector with a focus on creating a circular economy for batteries. The company offers battery lifecycle management services and operates a B2B marketplace to facilitate the trade and second life of batteries. Circunomics primarily serves mobility OEMs, second-life applications, and recycling industries. It was founded in 2019 and is based in Mainz, Germany.
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Circunomics's Product Videos
Circunomics's Products & Differentiators
Circularity Platform
Circunomics is a standalone cloud-hosted platform, which architecture allows the deployment of the platform on client premises and/or infrastructure. Circunomics provides an API to interface the client's system with our platform and enable the exchange of the needed data for trading the batteries. Circunomics platform is based on Circular Twins, Circular Analytics, and a Circular Marketplace for trading of used batteries without risk.
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Expert Collections containing Circunomics
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Circunomics is included in 1 Expert Collection, including Energy Storage.
Energy Storage
5,352 items
Companies in the Energy Storage space, including those developing and manufacturing energy storage solutions such as lithium-ion batteries, solid-state batteries, and related software for battery management.
Latest Circunomics News
May 13, 2022
Reading Time: 2 minutes Circunomics is a marketplace for the reuse and recycling of Li-Ion batteries – one platform to manage the whole lifecycle of millions of batteries based on data. The German startup’s vision is to create a circular battery economy by 2030 by turning batteries into circular assets and enabling second life and recycling. It offers lifecycle planning for OEMS and is offering safe sourcing for second life buyers like energy storage providers. In June, 2021, the Mainz-based company successfully raised €1.8 million in its second seed round. On this week’s Mobility Moments, Circunomics’ CEO Patrick Peters tells us how old batteries can be put to good use, and its scale-up plans. How can OEMs benefit from your technology? OEMs can scale the asset management for millions of batteries, optimize their take-back planning with predictive analytics as they gain insights about the batteries state of health and end-of-life point. Moreover, an overall battery cost reduction is possible by reselling their batteries for second life in a secure way while protecting critical data. Why is there a need for a circular-based economy in Europe? Currently we are on the path to 3.2°C global warming. Not even close to the aim of 1.5°C of the Paris Agreement. Through circularity a lot of emissions, resources, and, also cost can be saved. Particularly the transport sector is one of the major emission factors. With the emerging electrification in mobility, we are facing a huge increase of potential battery waste. The growth rate of used batteries is 4-times higher than the growth rate of new batteries on the market. In 2030 around six million EV batteries will reach their end-of-life. Without reusing and eventually recycling their materials, the mobility industry will be far from sustainable as the battery production is the main contributor to the EVs’ footprint. Through a circular battery value chain 2.6 gigatons of carbon emissions in the transport and power sector could be avoided until 2030. How can old EV batteries be put to good use? Discarded EV batteries still possess 70-80% remaining capacity. With this, they can still be utilized in energy storage systems. By this, the batteries lifetime can be extended by up to 15 additional years. What will you do with your latest round of funding? We will scale up our team further to push the development and improvement of our platform. What will the urban mobility ecosystem look like by 2030? Definitely electric – there will be around 300 million electric vehicles on the road, 10-times more than today. And hopefully circular. We are working on our vision that their most valuable component – the battery – will be reused and recycled to reduce the vehicles lifecycle emissions and to prevent material waste TAGS
Circunomics Frequently Asked Questions (FAQ)
When was Circunomics founded?
Circunomics was founded in 2019.
Where is Circunomics's headquarters?
Circunomics's headquarters is located at Große Bleiche 15, Mainz.
What is Circunomics's latest funding round?
Circunomics's latest funding round is Seed VC.
Who are the investors of Circunomics?
Investors of Circunomics include ORLEN VC and SAP.iO Foundry Paris.
Who are Circunomics's competitors?
Competitors of Circunomics include TWAICE and 3 more.
What products does Circunomics offer?
Circunomics's products include Circularity Platform and 3 more.
Who are Circunomics's customers?
Customers of Circunomics include TES-AMM.
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Compare Circunomics to Competitors
Eatron develops software for battery management in the automotive and mobility sectors. The company offers AI-powered software that improves the performance, safety, and durability of batteries, providing estimations of battery states and operation, and enabling maintenance and recall prevention. Eatron primarily serves vehicle and battery manufacturers worldwide. It was founded in 2018 and is based in Warwick, United Kingdom.
Peaxy is a company specializing in predictive analytics and lifecycle management for batteries within the energy storage and electrification sectors. The company offers a cloud-based platform that utilizes machine learning to manage and optimize the entire battery lifecycle, from research and development to manufacturing and operation. Peaxy's solutions also extend to defense readiness and industrial equipment, providing maintenance recommendations and lifetime value optimization. It was founded in 2012 and is based in San Jose, California.
Battery Log is a company that specializes in battery management in the technology sector. The company offers services that provide real-time status updates on batteries, identifies unused optimization potential, and extends the battery's lifespan. It uses a cloud-based digital twin to collect relevant battery measurements and uses algorithms to calculate the health of each battery based on its usage. It was founded in 2022 and is based in Berne, Switzerland.
Volytica Diagnostics specializes in battery health monitoring and analytics within the energy sector. The company offers software solutions that provide insights into battery degradation, state of health, and predictive maintenance to ensure safe, sustainable, and efficient battery use across various applications. Volytica Diagnostics serves a diverse range of industries, including transportation, stationary energy storage, and financial sectors that require battery lifecycle management. It was founded in 2019 and is based in Dresden, Germany.
Cling Systems specializes in promoting sustainability within the battery economy by focusing on the reuse, repurposing, and recycling of batteries. The company offers a Circular Asset Management System that streamlines the procurement process and facilitates the creation of second life energy systems and the production of recycled raw materials. Cling Systems primarily serves sectors involved in electric vehicle battery lifecycle management, including energy storage and recycling industries. It was founded in 2020 and is based in Stockholm, Sweden.
Accure specializes in predictive battery analytics software within the energy sector. The company offers a platform that enhances safety, optimizes performance, and extends the lifetime of battery systems. Accure's software is utilized by various sectors including automotive, bus fleets, energy storage, and maritime industries. It was founded in 2020 and is based in Aachen, Germany.
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