£14.0M
DCVC led the Series A round to support the scale up of artificial intelligence waste sorting systems.
Recycleye
Recycleye develops artificial intelligence and robotics to automate waste sorting.
£18.7MTotal raised
Recycleye provides artificial intelligence and robotics solutions to automate and improve the sorting of dry mixed recycling in waste management facilities.
Categories
Founders
Victor Dewulf
CEO
Victor brings banking experience from Goldman Sachs and currently serves as co-founder and CEO of Recycleye.
LinkedInPH
Peter Hedley
CTO
Peter is the chief technology officer and a founder of Recycleye. He previously worked as a design engineer at Apex Circuit Design.
LinkedInInvestors
- £14.0MDCVCLead
PVPromus VenturesFollow-onPlayfairFollow-on
MMCFollow-on
CFCreator FundFollow-onAAtypicalFollow-on - £3.5M
- £1.2M
Funding history
£3.5M
Recycleye raises £3.5m in a seed round led by Promus Ventures to scale its waste sorting technology.
The seed round was led by Promus Ventures with participation from existing investors including Playfair Capital and MMC Ventures.
£1.2M
The seed round was led by MMC Ventures and Playfair Capital, with participation from Atypical Ventures, Creator Fund, and eolos.