Portfolio Company Spotlight
A feature on a Closed Loop Partners investment
AI Robots and Recycling
AMP is an artificial intelligence and robotics company developed by a CalTech PhD, focused on increasing the quantity and quality of sortation processing at recycling facilities.
AMP Robotics uses state-of-the-art computer vision and robotics that rapidly identifies and recovers material from the waste stream. Thereby improving the quantity and quality of recycled commodities recovered from co-mingled waste streams.
By significantly reducing the cost of sorting in recycling facilities, bringing fine-grained operational data collection and creating transparency in the recycling space, AMP seeks to change the fundamental economics of the recycling process. They aim to lower the cost of recycling and make them universally cost-competitive with the tip fees of a landfill.
Impact and Accolades
45 robots installed and operating at materials recovery facilities as of 2019
30 new robots operational in 2019 alone
CEO, Matanya Horowitz, won the inaugural Waste360 Innovator Award 2019
Raised $16 Million Series A led by Sequoia Capital, joining Alphabet-backed Sidewalk Infrastructure Partners and leaders in sustainable investing
AMP Cortex™ dual-robot system uses two high-performance robots that rapidly sort, pick and place materials at an unprecedented speed of 160 pieces per minute creating optimum productivity
We look forward to AMP’s technology bringing recycling rates up in the U.S. and around the world. Over the long-term, the technology could also lower the cost of recycling infrastructure and enable recycling in non-developed nations.