Dealflow | January 5, 2021

AMP Robotics scores $55 million for waste management robots

Jessica Pothering
ImpactAlpha Editor

Jessica Pothering

ImpactAlpha, January 5 – AMP Robotics designs artificial intelligence-based robotics that automate waste sorting and divert recyclable waste from landfills. The Colorado-based company’s Series B round was led by XN, with backing from Valor Equity Partners and Google’s venture arm, GV. Existing investors Closed Loop Partners, Sequoia Capital, Sidewalk Infrastructure Partners and Congruent Ventures also participated.

In December, London-based Recycleye raised $1.5 million for its AI-powered waste-sorting robots.