AMP Robotics Corp. raised $91 million in Series D funding led by Congruent Ventures to accelerate the deployment of its AI-powered AMP ONE™ systems for waste sorting.
AMP Robotics Corp. raised $91 million in Series D funding led by Congruent Ventures to accelerate the deployment of its AI-powered AMP ONE™ systems for waste sorting.
12/05/24, 2:19 PM
Location
louisvilleMoney raised
$91 million
Industry
artificial intelligence
Round Type
series d
Investors
Tao Capital Partners, Range Ventures, Wellington Management, California State Teachers Retirement System (Cal Strs), Liberty Mutual Investments, Blue Earth Capital, Xn, Sequoia Capital, Congruent Ventures
AMP Robotics Corp. has secured $91 million in a Series D financing round, spearheaded by Congruent Ventures. The funding will be utilized to enhance the deployment of its innovative waste sorting systems, contributing to improved recycling efforts across the United States.
Company Info
Location
louisville, colorado, united states
Additional Info
AMP is applying AI-powered sortation at scale to modernize the world's recycling infrastructure and maximize the value in waste. AMP gives waste and recycling leaders the power to harness AI to reduce labor costs, increase resource recovery, and deliver more reliable operations. With hundreds of deployments across North America, Asia, and Europe, AMP’s technology offers a transformational solution to waste sortation and changes the fundamental economics of recycling.