ScrapAd Series A Round, December 2025

ScrapAd, a leading B2B digital platform for buying and selling recyclable metals, has closed a €6 million Series A funding round led by Inclimo Climate Tech Fund and Suma Capital. Faraday Venture Partners and BStartup Banco Sabadell also participated, alongside renewed support from existing investors Bergé y Compañía, Interalloys, and Indipartners. This investment marks a pivotal milestone, enabling ScrapAd to professionalize and digitize the global metals recycling sector through proprietary technology focused on automation, traceability, and digital intelligence.

Founded by experts in industrial recycling and business management, ScrapAd addresses longstanding industry challenges including lack of transparency, operational informality, payment risks, logistical hurdles, and language barriers. Its intelligent platform integrates advanced natural language processing models, AI-driven risk analytics, and streamlined logistics and documentation tools. Users—ranging from industries and recyclers to metal consumers—benefit from secure financing, payments, end-to-end traceability, and historical data, all without intermediaries or physical travel.

In just two years, ScrapAd has achieved remarkable growth, multiplying its transaction volume by over six times and expanding operations to 47 countries. The platform connects verified global companies for efficient scrap and recyclable materials trading, reducing costs, travel, and processing times while promoting the circular economy.

Beyond efficiency, ScrapAd delivers substantial environmental impact: transactions have avoided over 160,000 tonnes of CO₂ emissions, saved more than 237 million kWh of energy, and preserved nearly 140 million liters of water. This underscores its role in accelerating sustainable practices in a critical sector.

CEO and co-founder Samuel Ruiz highlighted the round's role in transforming a niche giant industry with global traceability and efficiency. The funds will accelerate international expansion into key markets like Europe (England, France, Eastern Europe) and Asia, while enhancing technological development. ScrapAd anticipates over 100% growth in 2026.

Co-founder Sandra Montes emphasized the platform's end-to-end capabilities, creating a secure marketplace that simplifies professional management of recyclable materials trading. By verifying users, automating processes, and handling logistics, ScrapAd eliminates fraud risks and streamlines operations.

This Series A builds on prior raises, including a €1 million round and a €5 million extension, consolidating ScrapAd's first-mover advantage in digitalizing a traditional sector. With Basque origins in Eibar's BIC Gipuzkoa, the company exemplifies innovation in Spain's startup ecosystem, recognized for its circular economy contributions.