Berlin-based electronics recycling leader Cykero has announced the opening of its new Technocenter 4.0 in Montpellier, France. This move is part of Cykero’s commitment to sustainability, technological innovation, and supporting the circular economy. The new facility will focus on automated and robotic refurbishment of electronic devices such as smartphones, tablets, computers, and servers.
Strategic relocation to Montpellier
Cykero’s French headquarters will move from Maisons-Laffitte near Paris to Montpellier in early 2025. The new Technocenter, located at the Montpellier International Business Incubator (MIBI), marks a strategic expansion for the company, which reported a revenue of € 12.5M in 2023 and is projecting € 27M for 2024. This facility will process large volumes of electronics to meet growing demand from Cykero's key clients. It will also enhance the company's competitiveness in a rapidly expanding market while creating sustainable solutions for electronic waste management.
Pioneering green technology
The Technocenter will incorporate advanced robotics, artificial intelligence, and blockchain for efficient refurbishment and traceability. Cykero’s research and development team in Montpellier will aim for nearly 100% repairability of smartphone components, ensuring a high-quality refurbishment rate with less than 2% product returns—far exceeding the industry average of 15%.
Boosting local economy and sustainability
The initiative will create 160 local jobs by 2026 and reinforce Montpellier’s status as a leader in circular economy and digital transition. Local and regional authorities, including Montpellier Métropole and the Occitanie Region, have pledged over € 1.1M in funding to support the project.
Leadership endorsements
Carole Delga, president of the Occitanie Region, highlighted the alignment of Cykero's project with regional priorities: “This initiative strengthens our leadership in digital and ecological transition while creating durable jobs.” Montpellier Mayor Michaël Delafosse praised Cykero's use of cutting-edge technologies, noting the project's potential to collaborate with local universities and research labs.
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