ScrapAd, the leading B2B digital platform for buying and selling recyclable metals, has successfully closed a €6 million Series A funding round. The round was led by Inclimo and Suma Capital, with participation from Faraday Venture Partners, BStartup10, and others.
This investment marks a key milestone in ScrapAd’s trajectory, as the company aims to consolidate its global leadership in the circular economy, accelerate its international expansion in strategic markets such as Europe and Asia, and continue developing its proprietary technology based on automation, traceability, and digital intelligence.
A disruptive technology that professionalizes a critical industry for the planet
Through its intelligent platform—which integrates advanced language processing models, AI-powered risk analytics, and capabilities that enhance logistical and documentation efficiency—ScrapAd has positioned itself as a cutting-edge technological solution to address the long-standing challenges of the metal recycling sector: lack of transparency, informal operations, payment risks, logistical difficulties, and language barriers. Its digital platform enables secure and efficient negotiations, managing the entire value chain—from financing and guaranteed payments to documentation and logistics—without the need for intermediaries or physical travel.
Thanks to its digital and international approach, the company already operates in 47 countries and has multiplied its transaction volume by more than six times in just two years.
Environmental and economic impact at a global scale
ScrapAd not only drives economic efficiency in recycling but also directly contributes to global sustainability. Since its founding, the use of recyclable materials traded through the platform has helped avoid more than 160,000 tons of CO₂ emissions, save over 237 million kWh of energy, and preserve nearly 140 million liters of water.
A decisive step toward global leadership
Samuel Ruiz, CEO and co-founder of ScrapAd, stated: “With this investment, we strengthen our ability to transform and professionalize a massive yet underserved industry, providing it with traceability and efficiency on a global scale to make our clients’ lives easier.
“Our goal is clear: to build a safe and efficient marketplace for trading recycled metals, offering companies major advantages such as secured payments, financing options, logistics and document management, traceability, and historical data, enabling them to manage the buying and selling of recycled materials professionally through a single tool: ScrapAd.”
ScrapAd expects to grow by over 100% in 2026, with new openings in the UK, France, and Eastern Europe.
About ScrapAd
ScrapAd is a digital platform that connects companies around the world to buy and sell scrap and recyclable materials safely, quickly, and efficiently. Its technology enables full-traceability management of international transactions, reducing costs, travel, and processing times. On the platform, industries, recyclers, and consumers of recycled metals benefit from financing and secure payment services, as well as logistical and documentation management. Founded by experts in industrial recycling and business management, the company already operates in 47 countries and maintains a strong commitment to the circular economy.
cloud technology axon
Xcalibur Smart Mapping, recognised as the global leader in airborne...
