# Cling Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cling-systems

- Industry: Energy Storage & Batteries
- Headquarters: Stockholm, Sweden
- Website: www.clingsystems.com
- Total disclosed funding: $2.3M
- Latest round: Seed (Dec 14, 2021)
- Investors on record: 3

## About

Based in Stockholm, Sweden, and founded in 2020, Cling Systems AB develops an intelligent B2B market platform for used lithium-ion batteries. William Bergh is the founder and serves as the CEO of the company as of 2021. In December 2023, Trucks Venture Capital and First Venture led a SEK 37 million in venture funding for Cling Systems AB.

The company develops an intelligent collection and trading platform that connects the battery ecosystem, ensuring that batteries are utilized and recycled as efficiently as possible. The platform provides a single, comprehensive solution for everybody to enable large-scale reuse and recycling. Cling's platform enables verified experts to exchange used batteries based on their own requirements.

## Funding rounds

- Seed, Dec 14, 2021, $2.3M — Trucks Venture Capital, VOYAGERS, First Venture

## Investors

- Trucks Venture Capital (https://capitalatlas.ai/funds/trucks-venture-capital) — Seed
- VOYAGERS (https://capitalatlas.ai/funds/voyagers) — Seed
- First Venture (https://capitalatlas.ai/funds/first-venture) — Seed