Igneo
Date | Investors | Amount | Round |
---|---|---|---|
* | N/A | N/A | Seed |
* | $332m Valuation: $440m | Acquisition | |
* | $110m Valuation: $449m | Growth Equity non VC | |
Total Funding | - |
Recent News about Igneo
EditIgneo 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.