AMP Robotics

company

About

AMP Robotics is a pioneer in AI, robotics, and infrastructure for the waste and recycling industry.

  • 101 - 250

Details

Last Funding Type
Series C
Last Funding Money Raised
$91M
Industries
Artificial Intelligence,Computer Vision,Machine Learning,Recycling,Robotics,Waste Management
Founded date
Jan 1, 2015
Number Of Employee
101 - 250
Operating Status
Active

AMP Robotics is modernizing the world’s recycling infrastructure by applying AI and automation to increase recycling rates and economically recover recyclables reclaimed as raw materials for the global supply chain. The AMP Cortex™ high-speed robotics system automates the identification and sorting of recyclables from mixed material streams. The AMP Neuron™ AI platform continuously trains itself by recognizing different colors, textures, shapes, sizes, patterns, and even brand labels to identify materials and their recyclability. Neuron then guides robots to pick and place the material to be recycled. Designed to run 24/7, all of this happens at superhuman speed with extremely high accuracy. AMP Clarity™ provides data and material characterization on what recyclables are captured and missed, helping recycling businesses and producers maximize recovery. With deployments across North America, Asia, and Europe, AMP’s technology recovers recyclables from municipal collection, precious commodities from electronic scrap, and high-value materials from construction and demolition debris.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
5
$163.60M
AMP Robotics has raised a total of $163.60M in funding over 2 rounds. Their latest funding was raised on Nov 2, 2022 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 2, 2022 Series C $91M 1 Detail
Jan 4, 2021 Series B $55M 1 Detail
Nov 14, 2019 Series A $16M 1 Detail
Apr 7, 2016 Grant $1.42M 1 National Science Foundation Detail
Dec 11, 2014 Grant $175K 1 National Science Foundation Detail

Investors

Number of Lead Investors
Number of Investors
2
3
AMP Robotics is funded by 3 investors. National Science Foundation and Sequoia Capital are the most recent investors.
Investor Name Lead Investor Funding Round
National Science Foundation Yes Grant
Sequoia Capital Series C
Prelude Ventures Series A