Series A · Circular Economy · Cologne, Germany · Founded 2022 · 38–40 employees
METYCLE is a digital platform revolutionizing the global secondary metal trade by connecting collectors, recyclers, and smelters to accelerate the circular flow of recycled metals. The company has developed AI-powered sorting technology that determines physical and chemical properties of shredded recyclable metals in real-time, significantly reducing CO2 emissions by up to 95% compared to primary metal production. Founded in 2022 by industry experts Rafael Suchan and Sebastian Brenner, METYCLE has raised €14.1 million in Series A funding led by 2150 to expand its AI backbone for metal recycling. The platform handles the entire trading process including quality assurance, logistics, and payment processing, targeting the $600+ billion global scrap metal market.