3 years ago
Recycleye Raises £14 Million to Advance AI-Powered Waste Sorting
Recycleye, a London-based startup developing AI-powered waste sorting robots, has raised £14 million in a Series A funding round led by DCVC
The company's technology uses computer vision to sort waste with greater accuracy and consistency than humans, transforming it into usable resources
The funding will be used to further develop their solutions and expand their maintenance network.
ProblemTechnology
"The world needs to recycle more waste but current sorting methods are inefficient and inaccurate."
Solution
"Recycleye builds AI-powered robots that sort through rubbish with greater accuracy and consistency than humans, increasing recycling rates and creating usable resources from waste."