Cling Systems
Cling Systems is a Stockholm-based B2B platform that brokers surplus, end-of-life, and second-life lithium-ion batteries between OEMs, BESS manufacturers, and repurpose/recycle operators across 20+ countries, handling assessment, compliance, logistics, and settlement end-to-end.
- Company typePrivate
- Founded2020
- HeadquartersStockholm, Sweden
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Cling Systems does
Cling Systems AB is a Stockholm-based private company founded in May 2020 by William Bergh that operates a B2B platform for the trade, trace, and transport of surplus, end-of-life, and second-life lithium-ion batteries. The company acts as a single-counterparty broker for asset owners (OEMs, battery producers, dismantlers, BESS manufacturers, automotive companies) seeking to monetise or compliantly dispose of stranded battery inventory, and for buyers (repurpose operators, pack builders, recyclers) sourcing verified, homogeneously-batched supply. By December 2023 the platform had 395 registered users from 309 companies across 30 countries with 100+ transactions closed since founding.
The core technology is the proprietary Circular Asset Management (CAM) System, combining inventory management, compliance documentation automation, logistics orchestration, and a trading matching engine. The Chem2Pack data model underwrites the matching layer by cataloguing 2,500+ EV battery variants by chemistry, cell, module, and pack configuration, and a Document Generation Portal produces up to 14 document types per shipment covering UN38.3, ADR/IATA, EPR, TEPR, customs, and waste classification. A live Available Stock Catalog and a WhatsApp supply channel sit on top of the CAM infrastructure to drive buyer engagement.
Cling monetises through transaction and brokerage fees on completed battery trades, with pricing worked per batch rather than published. Distribution is exclusively direct: enterprise buyers and sellers engage via a sales desk, and the company orchestrates every deal end-to-end from assessment through settlement. The firm has raised approximately USD 3.5 million across a December 2022 seed round (Trucks VC, First Venture, eight strategic investors) and a December 2023 bridge round from existing investors, with capital earmarked for data and trading infrastructure scaling and recruitment.
Cling Systems firmographics
Firmographics- Name
- Cling Systems
- Legal name
- Cling Systems AB
- Website
- https://clingsystems.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Cling Systems is a Stockholm-based B2B platform that brokers surplus, end-of-life, and second-life lithium-ion batteries between OEMs, BESS manufacturers, and repurpose/recycle operators across 20+ countries, handling assessment, compliance, logistics, and settlement end-to-end.
- Ownership category
- akta.pro rank
Cling Systems industry classification
Industry- Product category
- Battery Circularity Brokerage
- akta.pro primary industry
- Compliance, EPR & Battery Passport Services (Regulatory Reporting, Traceability, Audits) (EUAFACAJ)
- akta.pro secondary industries
- Collection, Logistics & Reverse Supply Chain (Transport, Sorting, Tracking) (EUAFACAA), Lifecycle Analytics, LCA & Circularity Consulting (Footprinting, Material Flow Analysis) (EUAFACAK)
Keywords
Where Cling Systems is headquartered
LocationHeadquarters
- HQ city
- Stockholm
- HQ country
- Sweden
- HQ region
- Europe
Offices1 record
Markets served
Cling Systems business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Battery Brokerage / Transaction Fee: Cling acts as a B2B broker for surplus, end-of-life, and second-life lithium-ion batteries. They assess inventory, find qualified buyers globally, structure deal terms, orchestrate logistics, and see deals through to settlement. Revenue is generated through transaction/brokerage fees on completed battery trades.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | No public pricing tiers — quote-based per batch |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels6 records
Cling Systems product offering
Product offeringCore offering
Cling Systems is a B2B broker for surplus, end-of-life, and second-life lithium-ion batteries. The company assesses battery inventory, matches sellers to qualified buyers across 20+ countries, structures deal terms, orchestrates compliant dangerous-goods logistics, and sees deals through to settlement. Revenue is generated through transaction/brokerage fees on completed battery trades, delivered via the proprietary Circular Asset Management (CAM) System and the Chem2Pack battery data model.
Product overview
Cling Systems operates a B2B battery circularity platform combining a marketplace with integrated service modules. The core offering is the Available Stock Catalog (live listing of surplus and second-life batteries) paired with an end-to-end Battery Brokerage Service. These are supported by four service modules: Inventory Assessment, Transaction Advisory, Logistics Orchestration, and Settlement & Follow-up. The platform also includes a WhatsApp Supply Channel for real-time stock notifications, a Document Generation Portal for compliance paperwork, and a Chem2Pack Database for battery specification matching. The company positions itself as a 'Battery Circularity as a Service' (BCaaS) provider rather than a simple marketplace.
Differentiator
Problem solved
Functional benefit
Products and services
- Battery Brokerage Service End-to-end B2B brokerage service for surplus, end-of-life, and second-life lithium-ion batteries. Cling assesses inventory, finds qualified buyers globally, structures deal terms on clear contracts with inspection windows and documented claims processes, orchestrates compliant dangerous-goods logistics, and sees deals through to settlement. Intended for OEMs, energy storage companies, automotive manufacturers, BESS integrators, repurpose operators, pack builders, and recyclers.
- Available Stock Catalog Live marketplace catalog listing surplus, ex-stock, and second-life lithium-ion batteries (LFP and NMC cells, modules, packs, and full systems) from Europe, Asia, and North America. Buyers browse current inventory with specifications, quantities, total kWh, origin, and enquiry options. Not a self-serve purchasing platform; all transactions are handled by the Cling sales desk.
- Multi-Party Project Coordination Standalone coordination service for complex battery projects involving multiple parties (holders, original builders, buyers) with scattered data and compliance requirements. Cling acts as a neutral coordinator to align documentation, logistics, and counterparty obligations across the project.
Quantifiable outcome
- 14% reduction in disposal costs achieved for a British energy storage manufacturer managing 46 tonnes of end-of-life batteries (7 tonnes resold, 39 tonnes recycled)
- +1 more outcomes
Companies that use Cling Systems
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles2 records
Cling Systems technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability3 records
Feature4 records
Cling Systems partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- Evolium TechnologiescorePress release partnership to rethink the circularity of lithium-based batteries. Cling Systems, Evolium Technologies, and Traced Systems formed a partnership aimed at improving circularity outcomes for lithium-based batteries across the value chain.
- Traced SystemscorePartnership alongside Evolium Technologies to rethink the circularity of lithium-based batteries. Traced Systems brings traceability technology to the partnership.
- Farasis Energy Europe GmbHcoreFormal partnership announcement between Cling Systems AB and Farasis Energy Europe GmbH, dated June 11, 2025. The partnership strengthens the secondary battery supply channel, combining Farasis's cell manufacturing and supply capabilities with Cling's trading and circularity infrastructure.
- InstagridminorDPP (Digital Product Passport) pilot project. Cling Systems, Traced Systems, Instagrid, and Batteriretur participated in a DPP pilot focused on battery traceability and circularity data standards.
- BatterireturminorDPP (Digital Product Passport) pilot project. Cling Systems, Traced Systems, Instagrid, and Batteriretur participated in a DPP pilot focused on battery traceability and circularity data standards.
- Volytica DiagnosticscorePartnering to strengthen the second-life battery trade. Volytica Diagnostics brings state-of-health assessment and battery diagnostics expertise to the partnership, enhancing Cling's ability to accurately value and match battery inventory.
- PostmarkminorEmail service provider used by Cling for transactional email delivery. Listed as a sub-processor under GDPR in Cling's Privacy Policy.
- MailchimpminorNewsletter and email marketing platform used by Cling. Listed as a sub-processor under GDPR in Cling's Privacy Policy.
- Firebase (Google)minorWeb hosting and cloud infrastructure provider. Firebase also provides anonymized visitor analytics and site performance measurement for Cling's platform. Listed as a sub-processor under GDPR in Cling's Privacy Policy.
Scale indicators9 records
Recent moves6 records
Expansion highlights6 records
Cling Systems competitors and assessment
Company assessmentEmerging players
- B2U Storage Solutions: US-based second-life battery storage company that sources retired EV batteries and repurposes them into grid-scale energy storage. Demand-side peer to Cling's supply-side brokerage, as B2U is a typical buyer profile of surplus batteries.
- Connected Energy: UK-based second-life battery storage company (E-STOR systems) that acquires end-of-life EV batteries and redeploys them in stationary storage. Comparable to Cling's buyer-side counterparties and partner profile (they are in Cling's served geography).
- Volytica Diagnostics: Germany-based battery diagnostics company providing state-of-health and lifetime analysis for second-life battery applications. Already a Cling partner, with overlapping value proposition around battery assessment for resale.
- Smartville: US-based second-life battery company that sources, tests, certifies, and redeploys retired EV batteries. Directly comparable to the demand side of Cling's marketplace and a potential integration partner.
Direct peers
- Cirba Solutions: North American battery recycling and circularity platform that aggregates end-of-life batteries from OEMs and routes material to reuse/recycling streams. Closest direct competitor to Cling's brokerage model, with overlap in B2B matching, compliance handling, and second-life optimization.
- Li-Cycle: Public (NYSE: LICY) battery recycler operating a global spoke-and-hub network for lithium-ion battery collection and processing. Similar B2B customer base (OEMs, fleet operators) and focus on end-of-first-life battery routing to Cling.
- Redwood Materials: US-based battery recycling and circularity company founded by JB Straubel, with operations spanning collection, refurbishment, and material recovery. Comparable to Cling in addressing second-life battery value chains, though much larger and vertically integrated.
- Lohum Cleantech: India-based battery recycling and second-life platform operating across collection, diagnostics, repurposing, and material recovery. Closest emerging-market analog to Cling's full-stack brokerage plus circularity model.
Regional players
- Accurec Recycling: German specialist battery recycler handling lithium-ion, NiCd, and NiMH batteries with a focus on recovery of cobalt, nickel, and lithium. A potential regional recycling partner/buyer for Cling in the German market rather than a direct marketplace competitor.
Broad incumbents
- Northvolt: Swedish battery manufacturer and recycler (Revolt program) developing end-to-end battery circularity in Europe. Operates a much broader portfolio but competes for the same supply of end-of-life batteries that Cling brokers, with potential to internalize brokerage activities.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Cling Systems social profiles
Digital presenceCling Systems compliance and trust
Trust signalCompliance1 record
Cling Systems financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cling Systems leadership team
Management profileNumber of profiles
Profiles3 records
Cling Systems funding detail
Funding detailFunding overview
Funding rounds1 record
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cling Systems M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Cling Systems
What does Cling Systems do?
Cling Systems is a B2B broker for surplus, end-of-life, and second-life lithium-ion batteries. The company assesses battery inventory, matches sellers to qualified buyers across 20+ countries, structures deal terms, orchestrates compliant dangerous-goods logistics, and sees deals through to settlement. Revenue is generated through transaction/brokerage fees on completed battery trades, delivered via the proprietary Circular Asset Management (CAM) System and the Chem2Pack battery data model.
Is Cling Systems a public or private company?
Cling Systems is a private company. It is classified as venture growth investor backed and is currently operating.
When was Cling Systems founded?
Cling Systems was founded in 2020. It employs 1 to 10 people.
Where is Cling Systems based?
Cling Systems is headquartered in Stockholm, Sweden, in the Europe region.
How does Cling Systems make money?
One revenue line is on record: battery Brokerage / Transaction Fee.
Who are Cling Systems's main competitors?
Emerging players on record are B2U Storage Solutions, Connected Energy, Volytica Diagnostics and Smartville. Direct peers are Cirba Solutions, Li-Cycle, Redwood Materials and Lohum Cleantech. Accurec Recycling is listed as a regional player. Northvolt is listed as a broad incumbent.
Does Cling Systems have an API?
No public API is recorded for Cling Systems.
What industry is Cling Systems in?
Cling Systems's product category is Battery Circularity Brokerage. Its primary akta.pro industry code is EUAFACAJ, Compliance, EPR & Battery Passport Services (Regulatory Reporting, Traceability, Audits), with a secondary code of EUAFACAA, Collection, Logistics & Reverse Supply Chain (Transport, Sorting, Tracking).