Metycle Funding Round

12/14/2023

Venture Equity

$5,130,000

Seed

The company will use the new capital to accelerate go-to-market, expand into new geographies, and develop technology and AI-based enhanced quality control measures critical to the secondary metals industry.

Private & Independent

Clean Tech

Albin-Hänseroth-Weg 26
Cologne, 50859
DE

METYCLE is building the platform to accelerate the global circular flow of secondary metals. At METYCLE, we are bringing the $610 billion global scrap metal trading industry into the 21st century. We are building an online platform to connect buyers and sellers of scrap metal internationally, enabling the seamless flow of recycling material to accelerate the global circular flow of secondary metals. Secondary metals are essential building blocks in the global effort to reduce CO2 emissions by up to 95% compared to primary metal production and to make materials available for the global transition towards green energy production.