Metycle Secures $150 Million Credit Facility from Rivonia Road Capital
Financing expands Metycle’s capacity to source and supply secondary copper and aluminum at scale
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Metycle, a global supplier of secondary copper and aluminum, has secured a $150 million credit facility from Rivonia Road Capital, a global private capital manager focused on asset-backed lending.
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The financing will support eligible transactions across the full trade cycle from supplier payment through buyer settlement, enabling Metycle to execute larger transactions, move greater volumes of secondary metals, and expand supply to industrial buyers and smelters. It also provides a repeatable framework for financing complex physical commodity transactions with institutional private credit, enabling faster execution for suppliers, and larger, more consistent flows of specified secondary feedstock for customers.
“Secondary metals do not lack demand. They lack predictability. Our opportunity is to make secondary supply behave more like an industrial raw material: specified, traceable, and reliably delivered,” said Rafael Suchan, CEO and Co-Founder of Metycle. “This facility gives us the capacity to finance substantially more material through that system and serve customers at a much greater scale.”
Copper and aluminum are essential to electrification, power grids, data center infrastructure, and advanced manufacturing. With new primary supply requiring significant time to develop, reliable secondary supply is becoming increasingly important to raw material security, industrial resilience, and decarbonization. Yet the secondary metals market remains fragmented, with inconsistencies across specifications, data quality, and documentation, making transactions difficult to standardize, verify, and finance at scale.
Metycle’s vertically integrated model brings together global commodity trading, physical processing, and digital verification to make secondary metal flows more predictable from source to smelter. The company’s first SmartSorting Hub in Maasmechelen, Belgium, combines AI-enabled sorting, spectroscopy, and Metycle’s proprietary data infrastructure to transform mixed scrap into clearly specified, smelter-ready feedstock. The system uses sensor data to guide sorting toward buyer specifications and improve output consistency.
“We are proud to support Metycle’s next phase of growth. The company has built a differentiated platform that brings greater transparency, reliability and efficiency to the global recycled metals market, while helping meet growing demand for sustainable raw materials,” said Daniel Zinn, Co-founder and Managing Partner of Rivonia Road Capital. “We have been particularly impressed by the management team’s deep industry expertise, disciplined execution and clear vision for scaling the business.”
Metycle’s trading operations manage sourcing, risk, and execution. TrustTrack, Metycle’s digital evidence layer, connects records on material identity, quality, processing, custody, and logistics to batches and trades. Each processed batch and completed transaction expands Metycle’s proprietary data set on material characteristics, processing outcomes, and trade execution to inform sourcing and sales decisions.
About Metycle
Metycle is a vertically integrated secondary metals company focused on copper and aluminum. The company trades secondary metals as principal and is building the commercial, physical, and digital infrastructure to turn fragmented scrap flows into clearly specified, traceable, and smelter-ready feedstock for industrial customers worldwide. For more information, go to: www.metycle.com.
About Rivonia Road Capital
Rivonia Road Capital is a global capital manager providing bespoke capital solutions across the non-bank finance ecosystem. The firm combines deep institutional investment experience with significant operating expertise to partner with non-bank lenders, specialty finance companies, and financial technology businesses. Founded in 2017 and headquartered in Los Angeles, Rivonia structures flexible financing solutions across consumer, commercial, and real estate finance. For more information, go to www.rivoniaroad.com.
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