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Metaloop connects scrap metal sellers with buyers and provides related trading and logistics services.
Founded in 2022 and based in Austria, Metaloop operates an online marketplace for the metal recycling industry. Its platform connects scrap sellers and buyers and supports trading, long-term contracts, international trade finance, logistics and hedging. The company raised EUR 16 million in Series A funding in September 2023, led by Firstmark Capital with Silence VC, FJ Labs and Statkraft Ventures participating. It planned to use the funding to develop its software, grow its team and expand internationally.
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