Berlin-based METYCLE, a digital platform specializing in international secondary metal trade, has successfully raised €14.1 million in a Series A funding round. Leading the investment was 2150, with continued backing from existing investors DFF Ventures, Market One Capital, Partech, and Project A. The fresh capital will drive the company's expansion of its data infrastructure, software capabilities, and AI-driven solutions tailored to the metal recycling industry.

Innovating Metal Recycling Through Technology

Founded in 2022 by industry veterans Sebastian Brenner and Rafael Suchan, METYCLE is revolutionizing the metal recycling industry with a data-driven approach. The platform directly connects verified buyers and sellers, eliminating intermediaries and ensuring more competitive pricing and higher efficiency. By assuming physical ownership of metals and overseeing deliveries, METYCLE guarantees complete transparency and compliance with agreed transaction terms.

AI-Powered Sorting for Sustainability

A key aspect of METYCLE’s innovation is its AI-powered sorting process, which enhances the assessment of shredded recyclable metals in real time. This breakthrough significantly reduces manual labor and improves material recovery rates while cutting CO2 emissions. The company’s efforts align with the broader push for sustainability, minimizing the need for carbon-intensive raw material extraction along global supply chains.

Driving Efficiency and Transparency

For buyers, METYCLE offers access to a vast network of trusted suppliers while utilizing AI to verify material quality, ensuring industry standards are met. Sellers benefit from a streamlined listing process and the platform’s proactive approach to identifying the most suitable markets for their products. This seamless experience positions METYCLE as a leader in fostering trust and efficiency within the global secondary metals market.

Commitment to a Circular Economy

Co-founder Rafael Suchan emphasized the critical role of metal recycling in reducing carbon emissions and promoting circularity in the industry. By utilizing recycled metals, carbon dioxide emissions can be reduced by up to 95% compared to primary metal production. With over a third of global metal production now reliant on recycled materials, METYCLE is paving the way for a more sustainable and transparent future in metal trading.

Scaling for Global Impact

As the company scales, the integration of AI-based sorting and quality certification will further enhance efficiency and reliability across international markets. Co-founder Sebastian Brenner highlighted METYCLE’s role in reshaping the sector by bringing unprecedented transparency to metal recycling. With its latest funding, METYCLE is set to expand its technological capabilities and reinforce its position as a transformative force in the industry.

METYCLE’s successful Series A round underscores the growing demand for innovation in the metal recycling sector. By leveraging AI and digital solutions, the company is improving efficiency, reducing emissions, and driving sustainability in a traditionally resource-intensive industry. With strong investor support and a clear vision for the future, METYCLE is well-positioned to redefine the global secondary metal trade.