Recycleye
Latest round
- Series A
Last raised
- Jan 2023
Total raised
- $24M
Investors
- 9
About Recycleye
Based in the UK, Recycleye Ltd.Recycleye Ltd. was founded in 2019 and is headquartered in London, UK. The company specializes in AI-driven technology for waste sorting, aiming to improve operational efficiencies in the recycling sector.Recycleye specializes in AI-powered sorting equipment and analytics tailored for waste management businesses globally. The company’s core offerings include the Recycleye QualiBot®, a robotic sorting system, and the Recycleye QuantiSort®, which provides advanced analytics for optimizing waste sorting processes. These products enhance operational efficiency by accurately sorting materials such as plastics, fibers, cartons, and electronic waste components, effectively transforming waste into valuable resources.Recycleye generates revenue through B2B transactions with its clients, primarily involving the sale of its flagship products, including the Recycleye QualiBot® and Recycleye QuantiSort®. These transactions typically occur via contractual agreements, where clients purchase or lease the robotic sorting equipment and subscribe to the analytics services for ongoing operational support. The pricing structure includes one-time equipment costs complemented by subscription fees for continuous software updates and analytics, thereby providing clients with enhanced sorting capabilities over time. The company aims to expand its offerings with upcoming products designed to enhance waste sorting capabilities. Additionally, Recycleye is targeting market expansion into new geographic regions, specifically focusing on North America and Asia, within the next two years. This growth strategy aligns with their commitment to advancing sustainable waste management solutions.
Who invested in Recycleye
9 investors across 3 rounds
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Questions about Recycleye
Who invested in Recycleye?
Recycleye has 9 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Recycleye raised?
Recycleye has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Recycleye last raise money?
Recycleye's most recent round on record is a Series A, in Jan 2023.
What does Recycleye do?
Based in the UK, Recycleye Ltd.
Where is Recycleye headquartered?
Recycleye is headquartered in London, UK.
Which VCs invest in companies like Recycleye?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back environmental services companies at Recycleye's stage. Their profiles are linked below.
VCs backing environmental services startups at Series A
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