The New Metaloop Portal: Cutting-Edge Portal to Redefine Metal Scrap Solutions for Industrial Clients working with Aluminum
Metaloop Named By Financial Times As One of The Fasting Growing EU Companies – 3x in a row
Graz, 16 July 2024: Metaloop, one of Europe’s leading metal scrap service companies, announces the launch of its new Metaloop Portal. This state-of-the-art portal is designed to provide industrial clients with a comprehensive and centralized control hub for managing their metal scrap operations. Additionally, Metaloop was named as one of the fastest growing companies in the EU by the renowned newspaper Financial Times in their annual FT1000 Ranking for three years in a row. This award underlines Metaloop’s strong growth trajectory that recently led to an oversubscribed Series A financing. The round was led by New York-based technology investor FirstMark Capital, totaling over 16 Million Euros with participation from Silence VC and existing investors Statkraft Ventures and FJ Labs.
For manufacturers working with aluminum, managing post-production scrap often leads to excessive overhead, communication challenges, and production delays. The Metaloop Partner Portal revolutionizes this process, offering efficiency, cost savings, and transparency by streamlining the supply chain, enabling seamless international tendering, and providing easy access to essential documents. This results in better market prices, no claims, and improved material handling, supporting sustainability and business goals.
Jan Pannenbäcker, CEO and Co-Founder of Metaloop: “Our new Metaloop Portal is not only an important milestone on the roadmap of our company, but also a game changer within our industry. For the first time, industrial companies can manage all their metal scrap operations on a digital platform and get a comprehensive and centralized control hub with real-time oversight and transparency. This is in line with our mission of making the analog market for metal recycling more digital, transparent, and efficient.”
About Metaloop:
Metaloop is one of the largest European metal scrap service companies. The company offers comprehensive support to industrial manufacturing companies by delivering a complete solution for managing their metal scrap and collaborates with recyclers and smelters to enhance their capacity utilization. Behind the scenes, the company operates a cutting-edge tech platform to meticulously coordinate logistics and optimize financing options. Metaloop was honored by the Financial Times as one of the fastest-growing companies in the EU in their annual FT1000 Ranking 2024 for three years in a row.
Press Contact:
Andreas Winiarski, press@metaloop.com
