Spain
ScrapAd, founded in 2020, has emerged as a key player in the metal recycling industry, operating as a leading global platform designed to facilitate transparency in worldwide trade of recyclable metals. Headquartered in Spain, the startup aims to transform the industry by simplifying material exchanges and promoting a circular economy, which is crucial in reducing environmental impact.
The platform currently connects over 3,000 registered companies in 45 countries. By leveraging technology, ScrapAd has successfully reduced CO2 emissions by over 31,900 tonnes, demonstrating its environmental commitment and operational effectiveness.
In a noteworthy development, ScrapAd secured a €6.00M Series A investment round on 01 December 2025. This round attracted significant investors, including Inclimo Climate Tech Fund, Faraday Venture Partners, Suma Capital, BStartup, Berge y Cia, Indi Partners, and Interalloys, highlighting strong confidence in the company’s innovative approach and market potential.
