Glacier raises $7.7 million to bring AI-powered robots to more recycling centres
Summary
"We are excited to continue supporting Glaciers mission of eliminating waste by automating recycling with AI and robotics," said Ann Bordetsky, a partner at NEA. "Glaciers market-leading technology not only enhances recycling efficiency but also paves the way for companies across industries to understand the efficacy of their sustainability initiatives. "Glaciers team is applying cutting-edge robotics and AI to a massive real-world problem in a uniquely resourceful way," said Abe Murray, general partner at AlleyCorp. "As an investor specializing in robotics and deep tech, I can attest that building reliable custom industrial automation in just a few years is incredibly difficult. Additionally, Glacier secured a significant grant from the Michigan Department of Environment, Great Lakes, and Energy, supported by The Recycling Partnership, the Carton Council, and the Foodservice Packaging Institute, to deploy several units in the Detroit area.