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
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Sectors
Environment
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Scanmetals A/S
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Annual Revenue
$164.54 M (USD)29as on Dec 31, 2022
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Net Profit
$6.4 M (USD)-18as on Dec 31, 2022
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EBITDA
$9.51 M (USD)-20as on Dec 31, 2022
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Total Equity Funding
$1.11 M (USD)
in 2 rounds
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Latest Funding Round
$729.9 K (USD), Seed
Jan 31, 2023
- Investors
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Recovered aluminium from waste for metallurgical industry use
Recovered brass from incinerator ash for global applications
Recovered copper using dry processes for industrial sale
Recovered zinc from bottom ash for metallurgical purposes
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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $729,900
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First Round
First Round
(09 Jun 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Seed - Scanmetals | Valuation |
investors |
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| Jun, 2019 | Amount | Seed - Scanmetals | Valuation | Kirk Kapital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Scanmetals
Scanmetals has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Kirk Kapital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Scanmetals
Scanmetals has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Afatek. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Industrial slag is processed into DanCert-certified aggregate for construction.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Scanmetals
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Scanmetals Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Technology solution for e-waste recycling
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| domain | founded_year | HQ Location |
Precious metals are recycled using ultrasonication and bioextraction processes.
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| domain | founded_year | HQ Location |
Provides metal recycling separation technology for efficient waste processing.
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| domain | founded_year | HQ Location |
Produces recycling machinery for metals, waste, plastics, and biomass processing.
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| domain | founded_year | HQ Location |
Offers comprehensive technology solutions to improve metal recycling processes.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Scanmetals
Frequently Asked Questions about Scanmetals
When was Scanmetals founded?
Scanmetals was founded in 2009 and raised its 1st funding round 10 years after it was founded.
Where is Scanmetals located?
Scanmetals is headquartered in Slagelse, Denmark.
Who is the current CEO of Scanmetals?
Ejvind Pedersen is the current CEO of Scanmetals. They have also founded this company.
Is Scanmetals a funded company?
Scanmetals is a funded company, having raised a total of $1.11M across 2 funding rounds to date. The company's 1st funding round was a Seed of $377.6K, raised on Jun 09, 2019.
How many employees does Scanmetals have?
As of Dec 31, 2022, the latest employee count at Scanmetals is 185.
What is the annual revenue of Scanmetals?
Annual revenue of Scanmetals is $164.54M as on Dec 31, 2022.
What does Scanmetals do?
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.
Who are the top competitors of Scanmetals?
Scanmetals's top competitors include UrbanGold, BioMetallica and DJ Consultancy.
What products or services does Scanmetals offer?
Scanmetals offers DRYINC Aluminium, DRYINC Brass, DRYINC Copper, DRYINC Zinc, and DRYINC Stainless Steel.
How many acquisitions has Scanmetals made?
Scanmetals has made 1 acquisition, including Afatek.
Who are Scanmetals's investors?
Scanmetals has 1 investor. Key investors include Kirk Kapital.