Greyparrot Secures $12.8m to Advance AI Waste Analytics for Sustainable Recycling Efforts
Greyparrot is on a mission to recycle more and waste less by providing AI-driven waste analytics to the recycling industry.
Company Name: Greyparrot
Location: London, UK
Sector: Waste Management / Artificial Intelligence
Funding Details: Raised $12.8m, with investment from Bollegraaf.
Purpose of Investment: To foster collaboration across the waste value chain, including producers, waste managers, and regulators, for more sustainable recovery and reuse of waste materials.
Leadership: CEO Mikela Druckman
Product: Greyparrot offers AI waste analytics for recycling facilities and producers, aiming to enhance recycling rates and reduce waste. Its technology automates sorting facilities and provides transparency throughout the waste value chain by analyzing over 25 billion waste objects in 2023 alone, categorizing them into 70+ types and revealing seven layers of data, including material type and financial value.
About Company: Greyparrot is on a mission to recycle more and waste less by providing AI-driven waste analytics to the recycling industry. Their platform enables automation in sorting facilities and delivers detailed analytics to optimize the recovery and reuse of materials, significantly impacting the global effort to address the waste crisis.