Advising Metaloop on raising growth capital to disrupt the scrap metal trading.
Graz, Austria — 15 June 2020
Flow Partners acted as a financial advisor to an Austrian online marketplace that enables scrap metal sellers to maximize their financial returns, and scrap metal recyclers to operate at full capacity.
Advising Metaloop on raising growth capital to disrupt the scrap metal trading.
Graz, Austria — 15 June 2020
Flow Partners acted as a financial advisor to an Austrian online marketplace that enables scrap metal sellers to maximize their financial returns, and scrap metal recyclers to operate at full capacity.
Overview
Metaloop operates an online scrap metal marketplace intended to digitize the scrap metal industry. We have provided sell-side advice the company in their series A fundraise, resulting in a successful funding from Statkraft Ventures, Gisbert Ruehl and FJ Labs.
This transaction highlights Flow Partners’ successful track record of working with category leaders in the online marketplaces sector, having advised companies like MILES (car sharing marketplace) or GoTrendier (second-hand fashion marketplace).
Transaction Background
This growth funding was led by the German investor Statkraft Ventures, the investment arm of Statkraft Group, Europe’s largest generator of renewable energy. FJ Labs and angel investor Gisbert Rühl also participated in a round.
About Metaloop
Metaloop is a provider of an online scrap metal marketplace intended to digitize the scrap metal industry. The company's marketplace revolutionizes the metal recycling industry by making the market transparent, digital and efficient and making processes simplified and automated as well as build a digital platform that has a global impact on the scrap market, enhances its inefficient processes through technology, and creates a sustainable future, enabling scrap dealers, recyclers, and factories to increase their capacity utilization, acquire new suppliers and maximize their financial returns.
About Flow Partners
Flow Partners is a modern advisory firm providing independent corporate finance advice to companies and investors that shape the global digital ecosystem. Flow was founded in 2020 and operates globally with presence in London, Berlin, Warsaw and Miami.
For more information, please visit www.flowpartners.io
Enquiries
For all enquiries please contact the team at [email protected]