About Circunomics GmbH
Circunomics GmbH, founded in 2019, is a leading company in the field of battery lifecycle management, specializing in lithium-ion batteries. 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 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.
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.
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.
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.
