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EverestLabs raises $16.1M for AI that sorts recyclables

Kyle Wiggers of TechCrunch reports on EverestLabs and its mission to improve recycling.

The C3 Take
  • In the United States only a fraction of recyclable products get a recycled, which is a problem that EverestLabs is looking to solve.
  • The company has developed software and hardware to make the plants that process commercial and residential recycling more efficient.
  • The latest funding round will go to product development and sales expansion.

“EverestLabs also sells a service to monitor the existing robotic sorting machines in recycling plants with a team of engineers who track metrics like pick efficiency and accuracy. The engineers also provide maintenance assistance, which Ambati pitches as a way for operators to focus on maintaining pace with the materials they receive and process.”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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