Circunomics
Circunomics GmbH is an innovative start-up that promotes the Circular Battery Economy. With an open Big Data marketplace for battery data, it optimizes recycling and remarketing. The company focuses on sustainability, transparency, and AI-supported decisions to maximize the value of lithium-ion batteries.
Circunomics GmbH: Pioneers of the Circular Battery Economy
editAbout the Company
editCircunomics GmbH, founded in 2019, is one of the leading start-ups in the Circular Battery Economy worldwide, recognized by SAP and Google as one of the top five start-ups in this industry[2][4].
Key Products and Services
editCircunomics operates the first open Big Data marketplace for battery data, cells, and recycling. By using digital twin technology and analytics software, they monitor and predict the condition of lithium-ion batteries. Their artificial intelligence enables data-driven decisions by considering all relevant data points of each battery as well as the market situation. This approach allows for maximizing the resale value of batteries and reducing recycling costs[2][5].
Main Mission and Values
editThe mission of Circunomics is to extend the lifespan of lithium-ion batteries beyond their initial application in electric vehicles and stationary energy storage systems. The company aims to reduce waste, conserve resources, and create value by promoting a circular and profitable approach. Transparency and trust among market participants are core values achieved through standardized data interfaces and integrated battery management[1][3].
Sustainability Goals and Initiatives
editCircunomics focuses on creating a cross-sector recycling and remarketing network for batteries. By optimizing prices and the efficiency of the partner network, the company aims to reduce wasteful practices in current battery recycling. The initiative aims to decrease dependence on unsustainable foreign lithium and cobalt supplies and strengthen the market for second-life batteries. By reducing friction losses and increasing market transparency, they significantly contribute to the circular economy[2][3].
Future Orientation
editBy 2030, about 60% of all cars will be electric, leading to enormous demand for batteries. Circunomics positions itself as a market leader by trading over 200 MWh of battery capacity in 2023. The goal for 2025 is to serve 10% of the global market for recycling, second-life, and R&D data, which will make a significant contribution to the sustainable energy transition[1][2].