# ScrapAd

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/scrapad

- Industry: Environmental Services
- Headquarters: Eibar, Spain
- Website: www.scrapad.com
- Total disclosed funding: $6.9M
- Latest round: Series A (Nov 2, 2025)
- Investors on record: 6

## About

ScrapAd, based in Eibar, Spain, operates a platform for facilitating the trade of scrap metal and recyclable materials, ensuring secure transactions across more than 45 countries.ScrapAd is a company that specializes in connecting buyers and sellers of scrap metal and recyclable materials. Founded in 2020 in Eibar, Spain, the organization has completed 3 deals, with its most recent funding round occurring on December 1, 2025. In this round, ScrapAd raised EUR 6 million in series A funding co-led by Inclimo and Suma Capital, with participation from Faraday Venture Partners and Sabadell Venture Capital. The company was co-founded by Samuel De Lorenzo and Sandra Pérez, with Samuel De Lorenzo currently serving as CEO.ScrapAd specializes in the facilitation of the buying and selling of scrap metal and recyclable materials across more than 45 countries globally. The company offers a secure platform that verifies both companies and the materials being traded, ensuring a trustworthy environment for transactions. Key features of ScrapAd include comprehensive logistics services, where they manage the collection of materials from sellers and delivery to buyers, along with secure payment processing to guarantee the financial safety of all parties. Their client base includes businesses involved in recycling, manufacturing, and metal trading, with a focus on electronic waste, aluminum, copper, and steel products. Customers benefit from an intuitive mobile application available for both Android and iOS, which enables them to access market prices, negotiate deals, and engage with verified industry partners seamlessly.In 2023, ScrapAd generated revenue of USD 5,684,156.50, with an EBITDA of USD -287,021. The company operates on a transaction-based revenue model, facilitating sales between buyers and sellers of scrap metals and recyclable materials through its platform. This model primarily serves a B2B market, connecting various businesses such as manufacturers, recyclers, and traders directly with one another. While the company offers a free registration process for accessing listings, the specifics regarding pricing tiers or fees associated with transactions are not disclosed. The platform's focus on verified users bolsters trust in the marketplace, enhancing the likelihood of successful sales and repeat business within their extensive user network. In December 2025, ScrapAd raised EUR 6 in venture funding from co-led investors Inclimo and Suma Capital The company plans to grow into new markets and enhance its digital system for managing metal recycling operations.

## Funding rounds

- Series A, Nov 2, 2025, $6.9M — Suma Capital, Faraday Venture Partners, Sabadell Venture Capital, Bstartup, Inclimo, Spanish Society for Technological Transformation

## Investors

- Suma Capital (https://capitalatlas.ai/funds/suma-capital) — Series A
- Faraday Venture Partners (https://capitalatlas.ai/funds/faraday-venture-partners) — Series A
- Sabadell Venture Capital (https://capitalatlas.ai/funds/sabadell-venture-capital) — Series A
- Bstartup — Series A
- Inclimo (https://capitalatlas.ai/funds/inclimo) — Series A
- Spanish Society for Technological Transformation — Series A