Greyparrot raises $27M to bring physical AI to recycling as packaging grows more complex
Recycling intelligence platform Greyparrot.ai Ltd. today announced it raised $27 million in Series B funding led by Om Elite Assets Investment to scale its infrastructure globally.
Today’s recycling process is largely manual and mechanical; it depends heavily on separators acting correctly on streams of waste and this is challenging largely because it’s difficult to fully untangle what’s in a basket of recycling. Many of today’s recycling processes were built decades ago to handle simpler packaging, but modern marketing and consumption have made products far more complex than ever.
The use of large-scale machine vision and physical AI processes to augment existing separator technology means that less gets missed and tossed into the landfill. Cameras with computer intelligence behind them mean that recycling facilities can measure every object passing through and get a more accurate idea of how to manage them.
“Waste is like the shadow of human consumption every day,” co-founder of Greyparrot Ambarish Mitra told SiliconANGLE in an interview.
