Cling Systems
An intelligent B2B market platform for used mobility batteries.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor | €0.0 | round |
| investor | €0.0 | round | |
| investor investor | €0.0 | round | |
* | SEK14.4m Valuation: SEK105m 6.5x EV/Revenue | Early VC | |
| Total Funding | 000k | ||
| SEK | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 9220 % | 231 % | 281 % | (8 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 40 % | (16 %) | (39 %) | (25 %) | (53 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
Cling Systems is a forward-thinking startup that operates in the sustainable energy sector, specifically focusing on the battery economy. The company's primary mission is to promote the repurposing, reusing, and recycling of end-of-life batteries. This is done in an effort to ensure a sustainable supply of raw materials and energy for the future.
Cling Systems serves a broad range of clients, from individual consumers to large corporations, who are interested in participating in a circular battery economy. The company's business model is centered around facilitating the steps between the end of a battery's life and the beginning of a new one. This includes incentivizing participation, reducing risks, and lowering barriers to entry.
The company generates revenue by offering technologically advanced physical products and progressive online systems that enable large-scale, global battery circularity. By doing so, Cling Systems not only contributes to a more sustainable future but also creates a profitable business model that capitalizes on the growing demand for sustainable energy solutions.
In essence, Cling Systems is a pioneer in the battery recycling industry, transforming the way we power the world for sustainable growth and prosperity. The company's commitment to marrying technology with sustainability makes it a key player in the future of energy solutions.
Keywords: Sustainable Energy, Battery Economy, Recycling, Repurposing, Reusing, Circular Economy, Technological Solutions, Risk Reduction, Incentivization, Sustainable Growth.