What is Cabmat?
Cabmat, Inc. operates as a specialized entity within the scrap metal industry, focusing primarily on the procurement and management of non-ferrous materials including copper, aluminum, and stainless steel. The company distinguishes itself through a full-service model that integrates competitive pricing structures with sophisticated logistics capabilities. By facilitating the movement of metal byproducts to diverse global markets, Cabmat serves as a critical intermediary in the industrial supply chain, ensuring that raw material recovery remains efficient and economically viable for both suppliers and end-market consumers.
How much funding has Cabmat raised?
Cabmat has raised a total of $420K across 2 funding rounds:
Debt
$150K
Debt
$270K
Debt (2020): $150K with participation from PPP
Debt (2021): $270K led by PPP
Key Investors in Cabmat
PPP
Public-Private Partnership
What's next for Cabmat?
With the successful closure of this late-stage financing round, Cabmat is well-positioned to scale its operational footprint and enhance its market reach. The strategic deployment of this capital will likely focus on strengthening supply chain infrastructure and refining the company's proprietary pricing models to maintain a competitive edge in volatile commodity markets. As the firm transitions into this next phase of growth, the focus will remain on maximizing throughput and deepening relationships with key industrial partners, thereby solidifying its role as a leader in the non-ferrous metal recycling ecosystem.
See full Cabmat company page
