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Circunomics: Series A triumph fuels U.S. expansion
Circunomics, a trailblazer in circular battery management, has recently secured a landmark Series A funding round, exceeding eight million euros. This achievement not only validates the startup’s innovative approach to sustainable battery lifecycle management but also provides the fuel necessary to accelerate product development and scale operations. This fresh capital injection will enhance technology roadmaps and support the continuous refinement of advanced monitoring, predictive maintenance, and second-life battery applications.
Circunomics enters the U.S. Market
Building on this momentum, Circunomics is taking a decisive step toward global market leadership by establishing its first international office in the United States. As CEO Felix Wagner explains in a recent in-depth discussion, the decision to internationalize is driven by the global nature of battery circularity challenges. He notes, "Every region embarking on the e-mobility journey will inevitably face questions about battery reuse and recycling". Although the Asian market presents significant opportunities, the U.S. was identified as the most accessible and strategically favorable next step. Its cultural and regulatory environment aligns closely with European standards, reducing market entry barriers and enabling the startup to quickly secure market share with a lean, localized team.
Venture Studio, Next Mobility Labs, as the Institutional Co-Founder: How Did Circunomics Benefit?
At Next Mobility Labs, we get hands-on from the very start. As an institutional co-founder, we worked closely with Circunomics to build a solid foundation. We connected them with our network of top-tier investors and automotive industry leaders, opening valuable doors early on. Our support spanned key areas: from refining their core idea and identifying the right market segments to developing a robust go-to-market strategy through detailed research. We also played a crucial role in navigating fundraising, handling legal matters, and assembling the right founding team with Felix Wagner (CEO) and Jan Born (CTO) at the helm, which significantly reduced the risk of early-stage challenges.
Once Circunomics was up and running, we gradually shifted our focus from daily operations to an advisory role, offering strategic insights and ongoing guidance. This balanced approach ensures that while they continue to benefit from our expertise and network, they have the autonomy to drive operational growth - like expanding into the U.S. market - with confidence.
Read more about their Series A success and about their internationalization to the US in their pressreleases:
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