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Magsort Ltd logo — A decarbonization company.

Magsort Ltd

A decarbonization company.

Founded 2014 Finland Finland 15 employees Series A Total: $15.00M

General Information

Company Name Magsort Ltd
Founded Year 2014
Location Finland Finland
Employees 15
Funding Stage Series A
Social

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About Magsort Ltd

Magsort Ltd is a decarbonization company focused on revolutionizing the extraction of metals from steel slag while transforming the remaining material into valuable components for low-CO2 cement. The company's breakthrough solution offers a dual component approach targeting both the steel and cement industries, effectively decarbonizing two of the highest CO2-emitting sectors. In the steel industry, Magsort captures previously discarded metals in the slag, achieving a 100% recycling rate and increasing the value of the mineral portion. Additionally, in the cement industry, Magsort's solution lowers the CO2 footprint of cement production by up to 50%, leading to substantial carbon credit savings and increased demand for low-CO2 cement. Furthermore, the company's innovative technology enables waste-to-energy plants to recover metals from incinerator bottom ash, unlocking three times the value compared to traditional methods. Established in 2014 and headquartered in Finland, Magsort recently secured a $15.00M Series A investment on November 5, 2021.

Taxonomy: Decarbonization, Steel industry, Cement industry, Waste-to-energy, Metal extraction, CO2 reduction, Recycling technology, Environmental sustainability, Circular economy, Resource recovery, Sustainable materials, Energy efficiency

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Series A $15.00M -
05 Nov 2021

Magsort Ltd Alternatives & Competitors

Magsort Ltd vs
SIGNUS Ecovalor
SIGNUS Ecovalor Spain

En SIGNUS trabajamos para dar valor a los neumáticos fuera de uso en una segunda vida llena de nueva...

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Magsort Ltd vs
Wastefront
Wastefront Norway

💚 On the Road to Blue Skis ✈️

Corporate Round
12 employees
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Magsort Ltd vs
Greenful Group
Greenful Group The Netherlands

Sustainable construction materials from recycled waste

4 employees
Manufacturing

FAQ About Magsort Ltd

A decarbonization company.
Magsort Ltd was founded in 2014.
Magsort Ltd is headquartered in Finland.
Magsort Ltd has approximately 15 employees.
Magsort Ltd has completed 1 funding round, raising a total of $15.00M. The latest funding stage is Series A.
Top alternatives and competitors to Magsort Ltd include SIGNUS Ecovalor, Wastefront, Greenful Group, Plastic Back, ACCUREC-Recycling GmbH. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Magsort Ltd and SIGNUS Ecovalor are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Magsort Ltd, https://bouncewatch.com/company/magsort, updated 26 December 2024. When citing, please name BounceWatch and link this page.

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