Circunomics cooperates with Shell

The energy company wants to support the start-up in marketing its battery cycle management solutions to large companies.

The Mainz-based start-up Circunomics is entering into a marketing partnership with the mineral oil company Shell. Together, the two companies want to market the closed-loop system for e-car batteries developed by Circunomics to new customers. The main focus will be on the automotive industry, the energy storage industry and the transportation sector.

Circunomics, founded in 2019 by Felix Wagner and Jan Born, aims to make traction batteries usable for longer. Until now, they have often been recycled, even though they can still be used for another ten to 15 years, for example as local energy storage systems. To this end, the company is creating a digital twin of the battery that makes it possible to provide the most precise data possible on its service life and potential reuse.

With the new cooperation partner, the Mainz-based company now wants to get a foot in the door with potential major customers. "At the beginning, there is often a lack of trust and openness towards young companies and innovations such as the Circunomics platform," says CEO and co-founder Wagner: "We are therefore delighted that an established energy company such as Shell is now supporting us with its large network and thus helping to build trust in our platform for the industry." Shell, for its part, sees Circunomics' business as helpful in achieving its own goal of net zero emissions by 2050 as a company.