a year ago
Sorted Raises £1.65 Million to Revolutionize Recycling
Sorted, a London-based AI-powered recycling startup, raised £1.65 million in seed funding from Antler
The company provides tools to increase recycling rates
The article highlights the journey of the co-founder, Luis Espinosa, and his experience working for companies like Uber, Rappi, and Didi.
ProblemTechnology Infrastructure
"UK recycling rates are low, currently under 45%, while the government aims for 65% in the next 30 years. The industry relies heavily on human effort, and while waste is sorted for collection, further sorting is needed in processing centres, which is labour-intensive and inefficient."
Solution
"Sorted helps recycling centres by using computer vision to identify different types of waste and lasers to signal them to workers. Their system is compatible with existing facilities, requiring minimal investment to install and retrofit. This improves efficiency, recycling rates, and increases revenue for centres by recovering valuable materials."