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Greyparrot secures $27M in Series B funding to scale its AI waste intelligence platform. Led by Omar Mir, this investment will enhance its capabilities in monitoring waste streams for improved recycling.

PRIVATEJul 28, 20261 day ago

Amount Raised

$27 Million

Round Type

Series B

LondonSoftware Development

Investors

Omar Mir

Description

Greyparrot has raised $27 million in Series B funding, led by technology investor Omar Mir. The funding will help the company scale its AI-powered systems that monitor waste streams in real-time. Greyparrot's innovative technology aims to improve recycling processes and support regulatory compliance. As demand for waste visibility grows, this funding positions Greyparrot for continued growth in the circular economy.

Company Information

Company

Greyparrot

Location

London, England, United Kingdom

About

Greyparrot [greyparrot.ai], the leader in AI waste analytics, is applying AI to globally scale recycling and save millions of tonnes of waste from landfills and incinerators. By providing deeper, more intelligent insights about waste stream composition and financial value, Greyparrot is helping the waste sector recover more value from waste processing lines and reduce the environmental impact of waste. The company’s waste intelligence platform, including Greyparrot Analyzer and Greyparrot Sync (API), reveals real-time insights on over 70 waste categories across seven layers of data, including financial value, brand, and GHG emissions, captured at multiple locations across a recycling facility. In 2023, Greyparrot analysed over 25 billion waste objects helping drive efficiency to save hundreds of thousands, to millions, of dollars per facility – while diverting millions of tonnes of waste away from landfills, oceans, and incinerators. Using Greyparrot insights, recycling professionals, plant builders, packaging producers, and FMCG brands can make decisions to help them increase recycling efficiency, comply with recycling regulations, and improve recyclable packaging design.

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Funding Insights

Based on industry data
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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