METYCLE is a technology company.
METYCLE specializes in collecting and repurposing materials to create a greener future, focusing on international scrap metal trade and promoting a circular economy.
METYCLE has raised $22.0M across 3 funding rounds.
METYCLE has raised $22.0M in total across 3 funding rounds.
METYCLE is a Cologne, Germany-based technology company founded in 2022 that operates an AI-powered managed marketplace for trading secondary metals, such as scrap steel, aluminum, copper, and non-ferrous metals.[1][2][3] It connects collectors with recyclers and smelters worldwide, handling the full trading process—including quality assurance via AI sorting, logistics, payments, and data-driven matching—to transform heterogeneous scrap into high-quality, traceable commodities.[1][2][6] Serving the global recycling and metal trading sectors in a $600 billion market, METYCLE addresses surging demand for recycled metals amid sustainability mandates like the EU's Critical Raw Materials Act, reducing CO2 emissions from primary metal production (11% of global total) by improving efficiency, local routing, and recovery rates.[1][2][3]
The platform solves key pain points: inefficient trade routes, quality uncertainty, manual labor, and supply shortages (e.g., 15 million tonne deficit by 2030), enabling better resource allocation and a circular economy.[1][6] With €14 million raised in Series A (led by 2150, with Partech, DFF Ventures, others) plus earlier $5 million seed funding, METYCLE is accelerating AI development, global expansion, and Smart Sorting Hubs for real-time material analysis and reduced emissions.[1][2][5]
METYCLE was founded in 2022 by Sebastian Brenner (Cologne, Germany) and Rafael Suchan (Beijing, China), both with deep industry roots at Bayer, Lanxess, and recycling firms like Chiho Environmental Group and Scholz Recycling.[2][3][4] Brenner, a B2B marketing expert and former CEO of CheMondis (a chemicals marketplace), brings digital platform expertise; Suchan adds operational insight from Asia's metal recycling scene.[2][4] The idea emerged from their recognition of the secondary metals market's inefficiencies—opaque trading, poor quality control, and high emissions—despite metals' infinite recyclability and role in green transitions.[1][2]
Early traction came swiftly: seed funding of $5 million from Partech in 2023 fueled go-to-market and AI quality controls, followed by €14 million Series A in 2025 from 2150, DFF Ventures, Market One Capital, Partech, and Project A.[1][2][5] Investors praised the duo's domain knowledge and execution, with DFF noting their "win-win-win" for extending scrap value chains.[5]
METYCLE rides the circular economy and green transition wave, where recycled metals are vital for net-zero goals—over one-third of global production already uses scrap, but demand outstrips supply amid electrification and infrastructure booms.[1][2] Timing is ideal: EU laws like the Critical Raw Materials Act and Packaging Waste Regulation mandate higher recycling, while metal production's 11% global CO2 share demands alternatives to mining.[1] Favorable forces include AI's maturity for industrial apps, post-consumer waste growth, and investor focus on climate tech (e.g., Vertical AI marketplaces).[1][5][6]
It influences the ecosystem by digitalizing a legacy industry, pioneering AI/data models for recycling, and enabling scalable transparency—potentially extending material lifetimes, cutting emissions, and inspiring similar platforms in commodities.[2][5][6]
METYCLE is poised to dominate secondary metals trading by scaling AI sorting hubs, entering new geographies, and leveraging its €19M+ funding for software enhancements.[1][2] Trends like stricter ESG regulations, AI commoditization, and green steel demand will propel growth, potentially capturing significant share in the deficit-plagued market.[1] Influence may evolve from niche disruptor to industry standard-setter, fostering a transparent, low-carbon global supply chain—echoing its origins in turning overlooked scrap into a sustainability powerhouse.[1][4]
METYCLE has raised $22.0M in total across 3 funding rounds.
METYCLE's investors include Market One Capital, Project A, Seedcamp, Voyager Ventures.
METYCLE has raised $22.0M across 3 funding rounds. Most recently, it raised $15.0M Series A in February 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2025 | $15.0M Series A | Market One Capital, Project A, Seedcamp, Voyager Ventures | |
| Dec 1, 2023 | $5.0M Seed | Market One Capital, Project A, Seedcamp, Voyager Ventures | |
| Mar 1, 2023 | $2.0M Seed | Market One Capital, Project A |