a year ago

Greyparrot Secures $12.8 Million to Advance AI Waste Analytics

  • Greyparrot, a London-based AI waste analytics startup, has secured $12.8 million in funding from Bollegraaf

  • The company aims to use the funds to foster collaboration across the waste value chain and encourage more sustainable waste recovery and reuse

  • Greyparrot's AI-powered waste analytics help recycling facilities operate more efficiently, increasing transparency and reducing waste

  • The company's technology analyzed over 25 billion waste objects in 2023, providing valuable insights into material type, financial value, brand, and GHG emissions.

      • ProblemTechnology

      "Recycling facilities are inefficient and lack the data they need to improve. This leads to wasted resources and increased environmental impact."

      Solution

      "Greyparrot uses AI to analyze waste and provide real-time data to recycling facility managers. This data helps them improve their sorting process, recycle more materials, and reduce their environmental impact."

      Covered on