{"id":4207,"date":"2024-12-06T04:44:16","date_gmt":"2024-12-06T09:44:16","guid":{"rendered":"https:\/\/www.packagingindustrynews.com\/?p=4207"},"modified":"2024-12-06T04:44:16","modified_gmt":"2024-12-06T09:44:16","slug":"amp-robotics-raises-91m-funding-for-ai-powered-waste-sortation","status":"publish","type":"post","link":"https:\/\/www.packagingindustrynews.com\/?p=4207","title":{"rendered":"AMP Robotics raises $91m funding for AI-powered waste sortation"},"content":{"rendered":"


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The round saw contributions from both existing and new investors. Credit: AMP Robotics\/Business Wire.<\/figcaption><\/figure>\n<\/p><\/div>\n

Waste sortation system developer AMP Robotics has raised $91m in a Series D financing round, led by Congruent Ventures.<\/p>\n

The round saw contributions from both existing and new investors, including Sequoia Capital, XN, Blue Earth Capital, Liberty Mutual Investments, and Tao Capital Partners.<\/p>\n

The company intends to use the funds to expedite the rollout of its AMP ONE systems, designed to sort municipal solid waste (MSW) efficiently using AI.<\/p>\n

AMP ONE aims to offer full-scale solutions for sorting various materials, thereby capturing more value that is typically lost to landfills or incineration. The system was successfully demonstrated in Portsmouth, Virginia, US.<\/p>\n

AMP\u2019s AI utilises deep learning by processing millions of material images into data for continuous self-improvement. The software\u2019s pattern recognition abilities are used to identify recyclables and contaminants in real time.<\/p>\n

This innovation facilitates the development of new offtake chemistries and capabilities. AMP initially launched sorting robots that could be integrated into existing recycling facilities with minimal retrofitting.<\/p>\n

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