Metalshub closes financing round to further enhance digital platform

Metalshub, the digital platform for buyers and sellers of ferro-alloys and metals, has just closed a €3 million ($3.5 million) financing round with the proceeds to be used to expand its software development team and further improve its platform.

The commodity technology firm, launched by two former executives from Anglo American, is focused on providing a digital marketplace for the trade of ferro-alloys and other metals. The platform has over 200 registered companies including Outokumpu, Traxys Europe, Hempel Intermetaux SA, Anglo American and Eickhoff, and has concluded over 400 negotiations with a combined transaction volume of over €11 million...

Published

Andrea Hotter

October 02, 2018

03:00 GMT

New York