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DCVC led the Series A round to support the scale up of artificial intelligence waste sorting systems.
"At FCC, we believe in being forward-thinking, so investing in the latest waste sorting technology was an obvious choice. Recycleye Robotics is delivering the consistent purity in sorted material and reliable data that we need to run an effective facility"
The seed round was led by Promus Ventures with participation from existing investors including Playfair Capital and MMC Ventures.
"Waste is not recycled when the cost of recycling exceeds the value of the sorted material. By lowering the cost of recycling with artificial intelligence and robotics, we’re breaking this threshold and building a world where our removal chains are fully integrated back into our supply chains"
The seed round was led by MMC Ventures and Playfair Capital, with participation from Atypical Ventures, Creator Fund, and eolos.
"As deep technology investors, we were impressed by Recycleye’s AI-led computer vision solution to this growing global problem. Yet it is what Victor and Peter have achieved, working fast and lean, in just a year since inception that gives us confidence that they can truly transform the recycling industry with their technology"
