Observed Signal · Oct 13, 2026 · Hiring · Source: HTGF | High-Tech Gründerfonds · Impact: 4/5
Dr. Klaus Schäfer steigt operativ bei Cyclize ein
Stuttgart-based deeptech startup Cyclize announced that Dr. Klaus Schäfer, former Chief Technology Officer of Covestro AG, joined the company as Chief Industrialization Officer effective October 1, 2026. Schäfer, who has been an investor and Advisory Board Chairman since Cyclize's 2024 seed round, will oversee the integration of its plasma technology into European chemical parks while retaining his role as board chair. As of October 2026, Cyclize has raised 19 million euros in financing and public funding, and is currently preparing its first commercial large-scale plant (FOAK) in Germany.
Appointing a veteran chemical industry executive signals Cyclize's strategic transition from pilot testing to commercial, industrial-scale deployment in European chemical parks.
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Key Takeaways & Evidence Grounding
- Dr. Klaus Schäfer took over as Chief Industrialization Officer at Cyclize effective October 1, 2026, while retaining his role as Advisory Board Chairman.
- Schäfer served as Chief Technology Officer at Covestro AG from 2015 to 2023.
- Cyclize has secured a total of 19 million euros in funding and grants as of October 2026.
- The startup operates a containerized plasma unit in continuous testing at the PCK Refinery in Schwedt and has developed a modular energy system in partnership with Siemens.
- Cyclize is currently preparing to build its first-of-a-kind (FOAK) commercial large-scale plant at a German chemical site after validating 20 industrial waste streams.
Connected Companies & Entities
“Technology partner that co-developed a modular energy system with Cyclize to power plasma reactors from the medium-voltage grid.”
“Venture capital investor that participated in Cyclize's seed financing round alongside UVC Partners, AURUM IMPACT, and UnternehmerTUM Fundin...”
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