Press release from the issuing company
Metaloop Named By Financial Times As One of The Fasting Growing EU Companies - 3x in a row
Graz: Metaloop, one of Europe's leading metal scrap service companies, announces the launch of its new Metaloop Portal. This state-of-the-art portal is designed to provide industrial clients with a comprehensive and centralized control hub for managing their metal scrap operations. Additionally, Metaloop was named as one of the fastest growing companies in the EU by the renowned newspaper Financial Times in their annual FT1000 Ranking for three years in a row. This award underlines Metaloop’s strong growth trajectory that recently led to an oversubscribed Series A financing. The round was led by New York-based technology investor FirstMark Capital, totaling over 16 Million Euros with participation from Silence VC and existing investors Statkraft Ventures and FJ Labs.
For companies in the printing industry, managing post-production scrap often leads to excessive overhead, communication challenges, and production delays. The Metaloop Partner Portal revolutionizes this process, offering efficiency, cost savings, and transparency by streamlining the supply chain, enabling seamless international tendering, and providing easy access to essential documents. This results in better market prices, no claims, and improved material handling, supporting sustainability and business goals.
Jan Pannenbäcker, CEO and Co-Founder of Metaloop: "Our new Metaloop Portal is not only an important milestone on the roadmap of our company, but also a game changer within our industry. For the first time, industrial companies can manage all their metal scrap operations on a digital platform and get a comprehensive and centralized control hub with real-time oversight and transparency. This is in line with our mission of making the analog market for metal recycling more digital, transparent, and efficient."
www.metaloop.com
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