Tech Company Financing Transactions
Metaloop Funding Round
On 9/19/2023, Metaloop raised $17.1 million in Series A investment from FirstMark Capital, FJ Labs and Silence VC.
Transaction Overview
Company Name
Announced On
9/19/2023
Transaction Type
Venture Equity
Amount
$17,076,000
Round
Series A
Investors
Proceeds Purpose
This funding to expand its digital enterprise platform. Backed by US VC firm FirstMark Capital. The funds will see the software firm source top talent to join its sales, recycling operations, product, data and development teams as it eyes further growth of its digital enterprise software platform.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Puchstraße 17, Graz
Styria, 8020
AT
Styria, 8020
AT
Phone
Undisclosed
Website
Email Address
Overview
The metal recycling industry is growing continuously in size and relevance. It offers healthy margins and contributes significantly to worldwide sustainability goals. Alexander, one of our co-founders, experienced this problem first hand a few years ago when he took over his family scrap yard. Other players on the market, from industrial clients to small businesses, had similar experiences, spending time, money, and energy on price hassling, physical inventory� instead of focusing on their business.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jan Pannenbacker
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We do our best to document tech company VC transactions. All VC database entries reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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