Weekly edition · Week 40 / 2026 · Multi-source
Metycle Secures €131.7 Million to Scale Secondary Metals Supply
Metycle, a Cologne-based supplier, has obtained a significant credit facility to enhance its operations in providing secondary copper and aluminium, following a previous Series A funding round.
Founders Magazine Intelligence Desk · Mon, 28 Sep 2026 06:01:21 GMT
What happened
Metycle, a company based in Cologne, has secured a credit facility amounting to €131.7 million. This funding is intended to support the scaling of its supply of secondary copper and aluminium. The credit facility was provided by Rivonia Road Capital, a private capital manager headquartered in California, known for its specialization in asset-backed lending.
The numbers
Metycle has secured a credit facility of €131.7 million, which is equivalent to $150 million. This follows a previous Series A funding round in February 2025, where the company raised €14 million.
Who's behind it
Metycle is a supplier of secondary copper and aluminium, based in Cologne. The credit facility was provided by Rivonia Road Capital, a private capital manager from California that specializes in asset-backed lending. The specific founder or leadership role is not disclosed in the provided information.
Why it matters
The substantial credit facility enables Metycle to significantly scale its operations in supplying secondary copper and aluminium. This expansion is crucial for meeting demand for recycled materials and contributing to more sustainable industrial practices.
What to watch
With the new credit facility, Metycle is poised to expand its capacity for secondary metal supply. Observers will be watching for the impact of this increased capital on the availability and market presence of recycled copper and aluminium, as Metycle aims to scale its operations.