German battery recycling startup Cylib has raised €55m in a Series A funding round led by European climate tech VC World Fund and Porsche Ventures, the venture arm of sports car manufacturer Porsche AG. Bosch Ventures, Germany’s €1bn deep tech and climate tech fund (DTCF) and NRW.Venture participated along with existing investors Vsquared Ventures, Speedinvest and 10x Founders.
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