Excess Materials Exchange (EME) provides a SaaS platform that digitizes surplus materials with QR‑code or RFID‑based Product Passports, enabling real‑time traceability of composition, condition, quantity, and location. Its AI‑driven marketplace matches excess raw materials, components, or by‑products with buyers, recyclers, or secondary‑use partners, facilitating secure, escrow‑backed transactions that monetize waste and improve material efficiency.
Funding
$5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Manufacturers and other businesses often generate excess raw materials, components, or by‑products that are discarded or stored without value, creating waste and lost revenue while contributing to environmental strain.
Solution
Excess Materials Exchange (EME) offers a SaaS platform that digitizes and automates the circular flow of surplus materials. The system creates digital Product Passports—QR codes or RFID tags—that capture composition, condition, quantity, location, and lifecycle data, enabling real‑time traceability. An AI‑driven marketplace matches available excess with buyers, recyclers, or secondary‑use partners, presenting the highest‑value reuse options. Transactions are secured through built‑in escrow, optional auction mechanisms, and compliance tracking, allowing firms to monetize waste confidently. By integrating these tools, companies can reduce disposal costs, improve material efficiency, and contribute to a waste‑free economy.
Target Audience
Primary customers are manufacturers, industrial producers, and large‑scale processors seeking to monetize surplus raw materials, components, or by‑products while meeting sustainability goals.
Features
- Digital Product Passports with QR/RFID tags for instant access to material composition, condition, quantity, and location
- Real‑time track‑and‑trace dashboard that monitors material movement across the supply chain
- AI‑powered matchmaking engine that recommends optimal reuse, recycling, or secondary‑market opportunities
- Secure transaction workflow with escrow, optional auction formats, and compliance documentation
- SaaS deployment that scales across internal and external markets, automating circularity processes