logo
logo

Metaspectral Snaps $4.7M Seed Round To Bring Real-Time Hyperspectral Data To Recycling

Nov 16, 2022almost 3 years ago

Amount Raised

$4.7 Million

Round Type

seed

VancouverNatural ResourcesEnergyManufacturingSustainabilityConsumer GoodsData And Analytics

Investors

Acequia CapitalSoma Capital

Description

For all its promise, the current state of solid-waste recycling leaves a lot to be desired. Plastic waste is among the worst: It represents about 12% of solid waste in the U.S., but only about 4.5% of what gets recycled.

Company Information

Company

Metaspectral

Location

Vancouver, Washington, United States

About

Metaspectral delivers the next generation of computer vision software, capable of remotely identifying materials and determining their chemical composition, defects, and other properties otherwise invisible to conventional cameras. It achieves this by leveraging hyperspectral sensors and analyzing the data captured in real-time using artificial intelligence (AI) via its scalable, cloud-based platform. The software is already deployed in a range of industries including aerospace, defense, agriculture, manufacturing, and more.

Related People

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers