ScrapAd offers a proprietary digital platform that connects buyers and sellers of scrap metal, automating transactions while providing full traceability and operational risk mitigation. In just two years the company has multiplied its transaction volume six-fold and now serves customers in 47 countries. Management emphasises measurable sustainability impact, claiming more than 160,000 t of CO₂ emissions avoided, 237 M kWh of energy saved and 140 M L of water preserved through its marketplace activity. The business model is designed to be scalable and technology-first, positioning the company as an enabler of a more transparent, efficient and circular metals economy. Fresh capital will be directed toward accelerating expansion across Europe and into Asia, as well as enhancing the underlying automation and digital intelligence capabilities of the platform. Although detailed financials were not disclosed, the recent Series A represents a significant step-change in funding that will support continued rapid growth.

Total raised

$8M

Funding rounds

2

Latest round

Series A

Latest activity

Dec 2025