International law firm Bird & Bird advises Recupere Metals, a startup specialising in the production of recycled copper for industry, in connection with a €5 million fundraising round, with the objective of developing a sovereign copper supply for Europe.
Led by the private equity fund Sistafund, the transaction was also completed with the support of European investors Norrsken Evolve, Endgame Capital, Ring Capital, Triple Impact Ventures, Ventures Together, Earth Capital and business angels. With this funding, Recupere Metals plans to move from the research phase to a production phase, thereby developing its production capacity and adapting its processes to industrial needs. The company, founded in March 2025, aims for an annual production of 6,000 tonnes of copper wire by 2028.
Driven by growing international demand for copper, Recupere Metals has developed a patented mechanical process that transforms 100% recycled copper waste into electrical wires, without extraction or smelting. This technology enables the creation of a new national supply chain for critical applications such as electric vehicle motors, wind turbines, data centers and industrial equipment, while significantly reducing energy consumption.
Bird & Bird advised Recupere Metals with a team composed of partner Félicien Bardsley, and associate Hugo Vallespi, for corporate aspects.