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AMP Robotics Corp. secures $91 million in Series D funding led by Congruent Ventures to scale AI-enabled dismantling systems for footwear recycling.

PRIVATEAug 31, 20267 days ago

Amount Raised

$91 Million

Round Type

Series D

BroomfieldInformation TechnologyArtificial Intelligence

Investors

Congruent Ventures

Description

AMP Robotics Corp. has raised $91 million in Series D funding to enhance AI-driven automation in footwear recycling. The funding was led by Congruent Ventures. This investment aims to accelerate the deployment of advanced recycling technologies and aims to address the industry's current challenges.

Company Information

Company

AMP Robotics

Location

2770 Industrial Lane

Broomfield, Colorado, United States

About

AMP Robotics is reimagining and actively modernizing the world’s recycling infrastructure by applying AI and robotics to economically recover commodities 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. With deployments across the United States, Canada, Japan, and now expanding into Europe, AMP’s technology recovers recyclables from municipal waste, precious commodities from electronic waste, and high-value materials from construction and demolition debris. AMP is made in America with headquarters and manufacturing operations in Colorado.

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