About Cirba Solutions
Cirba Solutions is a company based in Wixom (United States) founded in 1991.. Cirba Solutions has raised $295 million across 4 funding rounds from investors including Marubeni, EQT and DOE. Cirba Solutions offers products and services including WeRecycle Kits, Damaged Battery Kits, Advanced Sorting, Battery Disassembly, and Battery Logistics. Cirba Solutions operates in a competitive market with competitors including Aqua Metals, Envirostream Australia, Descycle, SNAM and Accurec Recycling, among others.
- Headquarter Wixom, United States
-
Sectors
Environment
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$295 M (USD)
in 4 rounds
-
Latest Funding Round
$50 M (USD), Series D
Feb 09, 2023
-
Investors
Marubeni
& 2 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Cirba Solutions
Cirba Solutions offers a comprehensive portfolio of products and services, including WeRecycle Kits, Damaged Battery Kits, Advanced Sorting, Battery Disassembly, and Battery Logistics. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Kits for safe battery recycling and collection processes.
Tools for handling and recycling damaged batteries securely.
Service for sorting various battery types efficiently.
Process to disassemble batteries for recycling components.
Management of battery collection and distribution networks.
Unlock access to complete
Funding Insights of Cirba Solutions
Cirba Solutions has successfully raised a total of $295M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $50 million completed in February 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series D — $50.0M
-
First Round
First Round
(20 Oct 2022)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2023 | Amount | Series D - Cirba Solutions | Valuation | Marubeni |
|
| Dec, 2022 | Amount | Series D - Cirba Solutions | Valuation | EQT |
|
| Nov, 2022 | Amount | Grant - Cirba Solutions | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cirba Solutions
Cirba Solutions has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Marubeni, EQT and DOE. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
EQT is recognized as a global investment organization focused on value creation.
|
Founded Year | Domain | Location | |
|
Integrated trading and investment services are provided across diverse industries.
|
Founded Year | Domain | Location | |
|
Energy sources and policies are managed by the DOE.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Cirba Solutions
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Cirba Solutions
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cirba Solutions Comparisons
Competitors of Cirba Solutions
Cirba Solutions operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Aqua Metals, Envirostream Australia, Descycle, SNAM and Accurec Recycling, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Battery recycling solutions are provided by Aqua Metals.
|
|
| domain | founded_year | HQ Location |
Waste battery recycling services are provided in Australia.
|
|
| domain | founded_year | HQ Location |
Provider of ewaste and battery recycling services
|
|
| domain | founded_year | HQ Location |
Battery recycling services are provided in France.
|
|
| domain | founded_year | HQ Location |
Battery recycling services are provided by Accurec in Germany.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Cirba Solutions
Frequently Asked Questions about Cirba Solutions
When was Cirba Solutions founded?
Cirba Solutions was founded in 1991 and raised its 1st funding round 31 years after it was founded.
Where is Cirba Solutions located?
Cirba Solutions is headquartered in Wixom, United States. It is registered at Wixom, Michigan, United States.
Who is the current CEO of Cirba Solutions?
David Klanecky is the current CEO of Cirba Solutions.
Is Cirba Solutions a funded company?
Cirba Solutions is a funded company, having raised a total of $295M across 4 funding rounds to date. The company's 1st funding round was a Grant of $7.4M, raised on Oct 20, 2022.
What does Cirba Solutions do?
Cirba Solutions was founded in 1991 and is headquartered in Wixom, United States. Operations focus on the battery recycling sector, where end-of-life batteries from automotive and industrial sources are collected, processed, and recycled. Services include material recovery and sustainable disposal solutions, supporting circular economy practices in North America. The company is led by CEO David Klanecky.
Who are the top competitors of Cirba Solutions?
Cirba Solutions's top competitors include Aqua Metals, Envirostream Australia and Renewable Metals.
What products or services does Cirba Solutions offer?
Cirba Solutions offers WeRecycle Kits, Damaged Battery Kits, Advanced Sorting, Battery Disassembly, and Battery Logistics.