The scrap metal recycling industry in Latin America plays a vital role in the region's economy and environmental efforts. Companies within this sector target various metal types, such as aluminum, copper, and steel, transforming waste into valuable resources. Service providers range from small local operations to larger enterprises focused on technological advancements in materials recovery. There's a growing recognition of the necessity for sustainable practices, driving innovation and investment. As urbanization and industrialization rise, the need for efficient recycling solutions increases, setting the stage for a flourishing market that promotes economic growth while reducing environmental impact.


This list highlights seven notable investors in the scrap metal recycling industry in Latin America, reflecting a blend of venture capital firms and corporate players. Hailing from key locations like Sao Paulo and Cuajimalpa, these investors range in size and focus, with some established as early as 2009. In 2024, they collectively engaged in multiple transactions, emphasizing the increasing allure of recycling investments. Importantly, these strategic partnerships underline the industry's potential for innovation and sustainability, with investors keen on supporting companies that address both economic and environmental challenges.


Top 7 Scrap Metal Recycling Investors in Latin America


1. Positive Ventures

  • Website: positive.ventures
  • Type: Venture Capital
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2016
  • Headcount: 1-10
  • Number of deals in 2024: 8
  • LinkedIn: positiveventures

Positive Ventures is a venture capital firm based in Sao Paulo, Brazil, founded in 2016. The firm is dedicated to investing in entrepreneurs who are focused on solving social and environmental challenges. They provide funding and strategic support to startups across various sectors, including clean tech, ed tech, and health tech. Notably, Positive Ventures has participated in several transactions that highlight their commitment to sustainability. For instance, they invested in eureciclo, a company that raised $500,000 in a Pre-Seed round, which is directly related to recycling initiatives. Additionally, they were involved in a funding round for Pathways Technologies, Inc., an AI climatetech startup aimed at decarbonizing building materials, which indirectly supports sustainable practices relevant to recycling. Through these investments, Positive Ventures aims to create economic, social, and environmental value, aligning with the principles of recycling and sustainability.


2. Fcp Innovacion Sp


FCP Innovación is a venture capital firm based in Sabanalarga, Antioquia, Colombia, founded in 2013. The firm specializes in private equity and venture capital, focusing on high-growth ventures across sectors such as energy, water, and technology. They provide capital, mentorship, and networking opportunities to help businesses scale and innovate. Notably, FCP Innovación has made significant investments in the recycling sector, including a $2.2 million Series A investment in Reciclados Industriales in 2017, which is directly involved in recycling operations. Additionally, they led a $2.6 million investment in TriCiclos, a Chilean startup dedicated to developing best practices for the circular economy, indicating their commitment to sustainable practices and recycling initiatives. Their operations are supported by strategic partnerships with Empresas Públicas de Medellín (EPM), further enhancing their influence in the industry.


3. MOV Investimentos


MOV Investimentos is an impact investment firm based in Sao Paulo, Brazil, founded in 2012. The firm specializes in supporting innovative businesses that address social inequalities and environmental challenges. They provide investment management and consulting services to entrepreneurs, helping them develop sustainable business models. One of their notable transactions includes an investment in TriCiclos, a Chilean recycling startup that focuses on developing best practices for the circular economy. This investment highlights MOV Investimentos' commitment to environmental sustainability and their interest in the recycling sector, making them a relevant player in the broader context of scrap metal recycling.


4. Oria Capital


Oria Capital is a private equity firm based in Sao Paulo, Brazil, founded in 2009. The firm specializes in growth equity investments, primarily in B2B technology companies, providing both capital and strategic guidance to help these firms scale and innovate. Notably, Oria Capital led a Series B investment round for Eureciclo, a reverse logistics certifier that has raised over R$100 million. This funding aims to structure the recycling chain and improve recycling rates in Brazil and Latin America, particularly in regions with lower infrastructure. This transaction highlights Oria Capital's engagement in the recycling sector, particularly in initiatives that enhance the efficiency and effectiveness of recycling processes.


5. Oxygea

  • Website: oxygea.com
  • Type: Venture Capital
  • Headquarters: Vila Nova York, Sao Paulo, Brazil
  • Founded year: 2019
  • Headcount: 11-50
  • Number of deals in 2024: 8
  • LinkedIn: oxygeaventures

Oxygea is a venture capital firm based in Vila Nova York, Sao Paulo, Brazil, founded in 2019. The firm specializes in supporting startups that are dedicated to sustainability and digital transformation. Oxygea provides not only financial investment but also strategic support and access to a network of partners to help these startups grow and innovate. In 2024, Oxygea participated in a significant funding round for Circular.co, which secured $10.5 million to expand its platform for sourcing recycled materials. This investment highlights Oxygea's commitment to sustainability and its interest in companies that facilitate recycling and the circular economy, making them a relevant player in the scrap metal recycling sector.


6. LIP Ventures Boutique

  • Website: lip.lat
  • Type: Corporate
  • Headquarters: Cuajimalpa, Mexico City, Mexico
  • Founded year: 2019
  • Headcount: 1-10
  • Number of deals in 2024: 7
  • LinkedIn: lip-ventures-boutique

LIP Ventures Boutique is a venture capital firm based in Cuajimalpa, Mexico City, founded in 2019. The firm specializes in providing funding and business development services to technology startups in Latin America, focusing on connecting investors with high-potential opportunities in the tech sector. In 2024, LIP Ventures participated in a significant Series B funding round for Magnus Metal, which raised $74 million to advance its Digital CastingTM technology, aimed at transforming the metal casting industry. This involvement highlights LIP Ventures' interest in innovative solutions within the metal sector, which is closely related to scrap metal recycling. Additionally, they have been involved in other transactions, such as Terra CO2 Technologies, although this is less relevant to the scrap metal context. Overall, LIP Ventures Boutique's engagement in the metal industry through Magnus Metal positions them as a potential player in the scrap metal recycling investment landscape.


7. VOX Capital

  • Website: voxcapital.com.br
  • Type: Venture Capital
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2009
  • Headcount: 11-50
  • Number of deals in 2024: 1
  • LinkedIn: vox-capital

VOX Capital is an impact investment firm based in Sao Paulo, Brazil, founded in 2009. The firm specializes in managing investments that generate positive social and environmental outcomes, focusing on sectors such as healthcare, education, and climate solutions. VOX Capital serves both individual and institutional investors who seek to align their financial goals with their values. One of their notable transactions includes an investment in Octa, a Brazilian startup in the automotive sector that received R$8 million in a Seed round. Octa aims to expand its technology and commercial team while recycling 3,000 tons of metals through its platform, highlighting VOX Capital's engagement in the recycling industry and commitment to sustainability.



Scrap Metal Recycling Insights: Key Investors in Latin America


InvestorHeadquarterSizeFoundedDeals 2024
Positive VenturesSao Paulo, Sao Paulo, Brazil1-1020168
Fcp Innovacion SpSabanalarga, Antioquia, Colombia1-1020130
MOV InvestimentosSao Paulo, Sao Paulo, Brazil1-1020122
Oria CapitalSao Paulo, Sao Paulo, Brazil11-5020090
OxygeaVila Nova York, Sao Paulo, Brazil11-5020198
LIP Ventures BoutiqueCuajimalpa, Mexico City, Mexico1-1020197
VOX CapitalSao Paulo, Sao Paulo, Brazil11-5020091


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