Circular Plastics Accelerator is a limited liability partnership wholly owned by Accelerating Growth Fund and supported by Archipelago Ventures.
Portfolio
2
companies
Matoha
Matoha builds AI-powered material identification scanners for efficient textile sorting and recycling.
Sorted
Sorted develops artificial intelligence-enabled technology to improve recycling and material sorting in waste management.
The seed round was co-led by Archipelago Ventures and Circular Plastics Accelerator to support the development of material identification scanners.
"This investment will enable Matoha to take our technology to the next level."
The seed round was led by Pi Labs with backing from Archipelago Ventures, Circular Plastics Accelerator, Conduit Connect, Antler, and angel investors.
"Our mission is to help waste management companies sort their waste more effectively and maximise recovery of recyclable materials through aiding Materials Recovery Facilities (MRFs) and Plastic Recovery Facilities (PRFs) in improving their workforce efficiency. We use AI to augment and better enable human pickers, and our UK pilots show increased revenue and performance as well as reduced costs through using Sorted’s technology."
