Scanmetals

Slagelse, Denmark Founded: 2009 • Age: 17 yrs
Recycler of non-ferrous metals from incinerator bottom ash
Annual revenue $164.5M Latest available
Total funding $1.1M 2 rounds
Employees 185 Tracked headcount
Investors 1 Known backers
Products 5 Services tracked
Competitors 7 Brand Intelligence

About Scanmetals

Scanmetals is a company based in Slagelse (Denmark) founded in 2009 by Ejvind Pedersen. Scanmetals has raised $1.11 million across 2 funding rounds from investors including Kirk Kapital. The company has 185 employees as of December 31, 2022. Scanmetals has completed 1 acquisition, including Afatek. Scanmetals offers products and services including DRYINC Aluminium, DRYINC Brass, DRYINC Copper, DRYINC Zinc, and DRYINC Stainless Steel. Scanmetals operates in a competitive market with competitors including UrbanGold, BioMetallica, DJ Consultancy, Bano Recycling and Tandom Metallurgical Group Ltd, among others.

  • Headquarter Slagelse, Denmark
  • Employees 185 as on 31 Dec, 2022
  • Founders Ejvind Pedersen
  • Sectors
    Environment
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Scanmetals A/S
Operational Areas
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $164.54 M (USD)
    29
    as on Dec 31, 2022
  • Net Profit
    $6.4 M (USD)
    -18
    as on Dec 31, 2022
  • EBITDA
    $9.51 M (USD)
    -20
    as on Dec 31, 2022
  • Total Equity Funding
    $1.11 M (USD)

    in 2 rounds

  • Latest Funding Round
    $729.9 K (USD), Seed

    Jan 31, 2023

  • Investors
  • Employee Count
    185

    as on Dec 31, 2022

  • Investments & Acquisitions
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Products & Services of Scanmetals

Scanmetals offers a comprehensive portfolio of products and services, including DRYINC Aluminium, DRYINC Brass, DRYINC Copper, DRYINC Zinc, and DRYINC Stainless Steel.

Product name locked
Category locked
Primary

Recovered aluminium from waste for metallurgical industry use

Product name locked
Category locked
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Recovered brass from incinerator ash for global applications

Product name locked
Category locked
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Recovered copper using dry processes for industrial sale

Product name locked
Category locked
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Recovered zinc from bottom ash for metallurgical purposes

Product name locked
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Recovered stainless steel for worldwide metallurgical markets

Funding Insights of Scanmetals

Scanmetals has successfully raised a total of $1.11M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $729.9 thousand completed in January 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Scanmetals

Scanmetals has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Kirk Kapital.

All
Venture Fund
Investor Description Founded Year Domain Location
-
Locked Locked Locked
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Investor details for Scanmetals

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Investments & Acquisitions by Scanmetals

Scanmetals has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Afatek.

Investments
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Investment portfolio details for Scanmetals

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Industrial slag is processed into DanCert-certified aggregate for construction.
Locked Locked 0 Locked
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Complete acquisition details for Scanmetals

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Financial Statements - Scanmetals

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Scanmetals Comparisons

Scanmetals Primary company
Description
Recycler of non-ferrous metals from incinerator bottom ash
Location
Slagelse, Denmark
Founded Year
2009
Annual Revenue
$164.54 M (USD)
Net Profit
$6.4 M (USD)
EBITDA
$9.51 M (USD)
Employees
185
As of 2022
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Peer comparison for Scanmetals

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Competitors of Scanmetals

Scanmetals operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UrbanGold, BioMetallica, DJ Consultancy, Bano Recycling and Tandom Metallurgical Group Ltd, among others.

Company Name Domain Founded year HQ Location Description
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Technology solution for e-waste recycling
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Precious metals are recycled using ultrasonication and bioextraction processes.
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Provides metal recycling separation technology for efficient waste processing.
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Produces recycling machinery for metals, waste, plastics, and biomass processing.
Locked Locked Locked
Offers comprehensive technology solutions to improve metal recycling processes.
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Detailed competitors of Scanmetals

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Latest news on Scanmetals

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Complete news archive for Scanmetals

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Frequently Asked Questions about Scanmetals

Scanmetals was founded in 2009 and raised its 1st funding round 10 years after it was founded.

Scanmetals is headquartered in Slagelse, Denmark.

Ejvind Pedersen is the current CEO of Scanmetals. They have also founded this company.

Scanmetals is a funded company, having raised a total of $1.11M across 2 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Scanmetals is 185.

Annual revenue of Scanmetals is $164.54M as on Dec 31, 2022.

Scanmetals was founded in 2009 in Slagelse, Denmark, within the recycling sector for non-ferrous metals. Incinerator bottom ash is handled through a dry separation method to extract aluminum, copper, brass, zinc, stainless steel, and precious metals. Mechanical and sensor-based technologies are utilized for sorting and purification. The extracted materials are delivered to metallurgical industries, while water and chemical consumption is kept low to support environmental outcomes.

Scanmetals's top competitors include UrbanGold, BioMetallica and DJ Consultancy.

Scanmetals offers DRYINC Aluminium, DRYINC Brass, DRYINC Copper, DRYINC Zinc, and DRYINC Stainless Steel.

Scanmetals has made 1 acquisition, including Afatek.

Scanmetals has 1 investor. Key investors include Kirk Kapital.

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