
ScrapBees
Scrap metal recycling offering a service based on a mobile junkyard on 4 wheels.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor investor investor | €0.0 | round | |
investor | €0.0 | round | |
investor investor investor investor investor investor investor investor investor investor investor | €0.0 | round | |
* | €4.0m | Early VC | |
Total Funding | 000k |
USD | 2023 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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ScrapBees, also known as Schrottbienen, is a German startup founded in 2020 that operates in the scrap metal recycling industry. The company has developed a digital-first approach to the collection and disposal of scrap metal, positioning itself as a modern alternative to traditional scrap yards.
Their business model is centered around an on-demand pick-up service for scrap metal. ScrapBees manages the entire disposal process, from on-site collection to professional and sustainable recycling. A key feature of their service is the on-site assessment of the metal type and quantity, which adds a layer of transparency and efficiency to the process. The company leverages a digital platform to streamline its operations, making it easier for clients to schedule pick-ups and manage their scrap metal disposal.
Initially serving both private individuals and commercial businesses, ScrapBees has strategically shifted its focus to the B2B market. The company now primarily targets commercial clients, with a particular emphasis on the construction sector. This specialization allows them to cater to the specific needs of businesses that generate significant amounts of scrap metal.
ScrapBees has demonstrated significant growth and potential, having successfully raised over €6 million in funding. This capital is intended to fuel its expansion plans across Germany. The company’s focus on urban mining and creating a more efficient, sustainable recycling process has attracted notable investor interest.
Keywords: scrap metal recycling, B2B services, construction industry, circular economy, on-demand collection, digital platform, urban mining, sustainable disposal, German startup, waste management