Igneo

Igneo

Igneo Technologies provides a sustainable solution to e-waste by transforming it into useable commodities. Learn more

Employees
Market cap
-
Enterprise valuation
€408m (Public information from Jan 2023)
White Plains New York (HQ)
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DateInvestorsAmountRound
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N/A

N/A

Seed
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$332m

Valuation: $440m

Acquisition
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$110m

Valuation: $449m

Growth Equity non VC
Total Funding-

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Igneo is a company specializing in the reclamation of precious metals from electronic waste (e-waste) using patented multi-hearth technology. This technology allows for the recovery of 98% of precious metal content while significantly reducing harmful emissions compared to traditional recycling methods. Igneo operates in the sustainable technology and recycling market, serving smelting partners who require high-grade sustainable copper concentrates. The business model is centered around a closed-loop system that processes e-waste locally and globally, addressing the growing global e-waste challenge. Igneo generates revenue by supplying its smelting partners with valuable materials such as copper, palladium, silver, and gold extracted from e-waste. The company’s approach not only mitigates environmental impact but also capitalizes on the increasing demand for sustainable recycling solutions.

Keywords: e-waste, precious metals, multi-hearth technology, sustainable recycling, copper concentrates, palladium, silver, gold, closed-loop system, environmental impact.