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Molg raised $5.5M in a seed round led by Closed Loop Partners' Ventures Group to enhance the production of robotic disassembling factories.

PRIVATEOct 09, 2024

Amount Raised

$5.5 Million

Round Type

Seed

ChantillyManufacturing

Investors

OvertureAbb Robotics & Automation VenturesElemental ImpactTechstarsAmazon’s Climate Pledge FundClosed Loop Partners' Ventures Group

Description

Circular manufacturing startup Molg has successfully secured a $5.5 million seed round, with notable investment from Amazon's Climate Pledge Fund and other partners. This funding will enable Molg to expand its production capabilities for innovative robotic disassembly solutions aimed at addressing the growing e-waste challenge.

Company Information

Company

Molg

Location

4447 Brookfield Corporate Drive

Chantilly, Virginia, United States

About

Molg is a Virginia-based startup revolutionizing electronics recycling through robotic microfactories that autonomously disassemble devices like laptops and servers, recovering valuable components for reuse. By partnering with manufacturers to design products optimized for circularity, Molg aims to reduce e-waste and keep critical materials in circulation. In 2024, the company secured $5.5 million in seed funding from investors including Closed Loop Partners, Amazon’s Climate Pledge Fund, and ABB Robotics & Automation Ventures to scale its operations.

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Strategic

ML-powered predictions for Molg's next move

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Molg 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.