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News by FinTech Collective Archive

Metaloop raises $17m in Series A funding

Jack Storrs

September 21, 2023

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Jack Storrs

Austria based scrap metal trading marketplace raised $17m in Series A funding led by FirstMark Capital.

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"By aggregating volumes, identifying better buyers and providing added services like transportation and financing, we can improve the price for sellers, provide material to buyers they otherwise wouldn’t have had access to, and [we] earn a margin in between."

https://techcrunch.com/2023/09/18/scrap-metal-trading-marketplace-metaloop-raises-17m/?tpcc=TCdailynewsletter

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