Seed · Circular Economy · Stockholm, Sweden · Founded 2020 · 10–31 employees
Cling Systems is a Stockholm-based startup developing the world's first intelligent B2B marketplace platform for used lithium-ion batteries, enabling circular battery value chains through reuse, repurposing, and recycling. The company's proprietary Circular Asset Management (CAM) system provides comprehensive data integration, tracking static, dynamic, and commercial aspects of battery data to optimize recycling processes. Cling has grown rapidly with net revenue increasing almost 10x to SEK 10.5 million in 2023, and has secured significant funding including a SEK 21 million seed round led by Trucks VC and First Venture. The company recently won the Start Up Energy Transition Award 2024 in the Clean Energy & Storage category, recognizing their contribution to battery circularity and the energy transition.
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