Saltrex, founded in 2016 and headquartered in The Netherlands, is an innovative player in the intersecting realms of B2B, Insurance, and Trading Platform industries. True to its slogan, "We believe in sustainability: no goods should go to waste," Saltrex provides a secure and compliant marketplace designed to extend the lifecycle of commodities that companies often consider as waste.
The company operates a distinguished Commodity Auctions platform. This B2B marketplace targets manufacturers, logistics service providers, and insurers who frequently deal with damaged yet valuable raw materials and surplus stock. By offering these goods a "valuable second chance," Saltrex addresses both economic and environmental concerns, promoting sustainability while also adding business value.
The company received its last Seed Round investment on 01 December 2016, with investment led by VenturesOne. This backing reflects a confidence in Saltrex's potential to innovate and sustainably transform the commodity disposal landscape.