3 years ago

Greyparrot Raises €10.2 Million to Tackle Global Waste Problem

  • Greyparrot, a London-based startup using computer vision technology to monitor and analyze waste, has raised €10.2 million in Series A funding led by Una Terra

  • The funding will be used to expand the company's global footprint, develop new waste types, and double down on research and development

  • Greyparrot's AI-powered system has analyzed over ten billion packaging items, providing data-backed solutions for waste management and packaging design

  • The company works with leading waste management companies like Suez, Veolia, and Biffa to transform the industry and promote the vision of waste as a valuable resource.

      • ProblemIndustrial, Environmental

      "The global waste problem, where 2.1 billion tonnes of waste are produced each year, causing environmental, social, financial, and political burdens."

      Solution

      "Greyparrot's AI-powered computer vision system monitors, analyses, and sorts tonnes of waste at scale, providing transparency and accountability in the waste value chain, and enabling data-backed decisions to be made by stakeholders."

      Covered on