Sector
Industrial recycling and circular economy
Status
In portfolio
Year of investment
2025
Website
ScrapAd is a B2B digital platform connecting buyers and sellers of recyclable materials—mainly metals—across more than 45 countries. Its technology enables end-to-end transaction management, including company verification, negotiation, secure payment, logistics, and documentation, all with full traceability and efficiency.
Founded in 2020, the company has brought digital transformation to a traditionally fragmented sector by integrating automation, AI-driven risk control, and operational intelligence. In the past two years, it has multiplied its transaction volume sixfold, consolidating its global footprint.
Through SC Venture, Suma Capital is partnering with ScrapAd at a pivotal stage in its international growth. Our investment supports the scaling of its proprietary technology platform, its expansion into strategic markets across Europe and Asia, reinforcement of the management team and the development of a business model that combines digitalisation, operational efficiency and circularity.
The shared goal is to strengthen its value proposition, accelerate the professionalisation of a key industry for the ecological transition, and amplify its environmental impact from the core of the business.
ScrapAd plays a key role in advancing a more efficient and professionalised circular economy. By digitising the global trade of recyclable materials, it helps reduce reliance on virgin raw materials, optimise resource use, and minimise the environmental footprint of mining metals.
Its platform also enhances traceability, transparency and transaction security—embedding sustainability into each step of the value chain. The company contributes to building a more resilient, decarbonised and circular industrial ecosystem, aligned with global climate and sustainability goals.
