METYCLE
“Can a B2B scrap metal marketplace become the global financial and logistics operating system for the secondary metals trade by embedding working capital, AI-driven pricing, and trade automation into every transaction?”
HQCologne, Germany
Total raised€14.1M
Latest roundSeries A, February 2025
IndustryMarketplace / Two-sided
The story
METYCLE is a Cologne-based digital marketplace for international secondary (scrap) metal trade, using AI and automation to improve recycling ratios and enable more efficient, localised trade routes. The platform connects buyers and sellers of scrap metal globally. The 2025 Series A signals expansion of data, software, and AI capabilities, with embedded working capital (via finmid) being layered on top of the core marketplace to finance trade flows.
Product timeline
2025
Raised €14.1M Series A led by 2150 to expand AI-powered platform for global metal recycling.· funding
The stack
Lending
FinmidEmbedded working capital for marketplace participants
Accounting gap: none