EnergyBattery Circularity
Fjord Battery SecondLife
Repurposes EV packs from Nordic fleets into modular home and cabin storage with remote diagnostics and grid ancillary services bidding.
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9 photos
- (i) Idea name
- Fjord Battery SecondLife
- (ii) Full description
Repurposes EV packs from Nordic fleets into modular home and cabin storage with remote diagnostics and grid ancillary services bidding.
How it makes money: Pack refurb margin + monthly energy-as-a-service; grid services revenue share.
- (iii) Team location
- Sweden · Gothenburg
- (iv) Team size
- 23 people
- (v) Industry
- Energy
- (vi) Sector
- Battery Circularity
- (vii) Fundraising secured?
- Yes — Series A · $21.0MNordic industrial + climate PE
- (viii) Official website
- cylib.de
- (ix) Official socials
- (x) Go-forward play
License the underlying tech
License the BMS + diagnostics stack to Asian EV OEMs seeking EU second-life compliance pathways.
Sweden · GothenburgSource seed:nordic-energy-rounds · scanned 10/18/2026, 8:00:00 AM
Related coverage
Articles from data sources
Specific articles from the desks covering this market—images are pulled from each article and shown here so you can skim without leaving VentureScan.
TechCrunchSecond-life Jaguar I-Pace batteries to power energy storage systemsJLR and Wykes Engineering are using second-life Jaguar I-Pace batteries to power a renewable energy storage system.Open full article →
TechCrunchCylib wants to own EV battery recycling in EuropeBattery recycling startups have emerged in Europe in a bid to tap into the next big opportunity in the EV market: battery waste. Among them is Cylib, aOpen full article →
TechCrunchExclusive: Moment Energy raises $40M to meet 'infinite demand for power' with EV batteriesThe startup has put a spin on repurposing EV batteries, CEO Edward Chiang told TechCrunch.Open full article →