Finland · Environmental services startup
Finland · Magsort Ltd
Magsort Ltd is a climate tech company based in Helsinki, Finland, focused on decarbonization and metal recovery from steel slag.
Funding reportedLast round: Series A
About Magsort Ltd
Magsort Ltd is a climate tech company based in Helsinki, Finland, focused on decarbonization and metal recovery from steel slag.
Founded in 2014, Magsort specializes in processing steel slag to extract valuable metals and convert the remaining material into low-CO2 raw materials for the cement industry. The company offers end-to-end slag processing solutions that enhance metals recovery and profitability while reducing environmental impact. Magsort's proprietary technology is designed to produce zero-CO2 raw materials for cement production, catering to the needs of carbon steel mills, stainless steel mills, and waste-to-energy facilities. Its tailored products support the cement industry by providing high-quality raw materials derived from various steelmaking slags.
What company datasets say Magsort Ltd raised
Funding, as reported
Founders and team
From Magsort Ltd's own website: 3 on the team.
- Kalevi KostiainenCEO
- Niklas TörnkvistHead of New Business Development
- Harri KerminenChairman of the Board
On a portfolio page
Investors who name them
Each firm lists Magsort Ltd on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.
The company, in detail
What they build
Known for
industrial automationsteel slag processingiron and steel mills and ferroalloy manufacturingco2 emissions reductioncarbon reductionmanufacturingsustainable materialssustainable steelco2 footprintclimate solutionshigh purity steelwaste managementsteel slag pilesindustrial decarbonizationsustainable developmentenergy-efficient process
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- Sector
- Environmental services
- Industry code
- NAICS 33111, 562920, 327310, SIC 1499
- Region
- Uusimaa
Environmental services in Finland
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