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AMP closes $70 million in project debt financing led by Galvanize to support construction of a new sorting facility and organics processing system.

PRIVATESep 30, 2026

Amount Raised

$70 Million

Round Type

Debt Financing

PortsmouthArtificial IntelligenceWaste Management

Investors

Galvanize

Description

AMP, a leader in AI-powered sorting solutions, has closed $70 million in project debt financing led by Galvanize. This financing will support the construction of a new sortation facility and an organics processing system in Portsmouth, Virginia. These are key components of AMP’s long-term partnership with the Southeastern Public Service Authority. The regional system is designed to process over half a million tons.

Company Information

Company

AMP

Location

Portsmouth, Virginia, United States

About

AMP is a leader in AI-powered sorting solutions for the waste and recycling industry. The company focuses on innovative technologies that enhance the efficiency of waste management systems. AMP aims to improve recycling rates and reduce landfill use through advanced AI applications.

Fundz sees it the moment AMP raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Strategic

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AMP raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.