EverestLabs.AI
No Recyclable Left Behind. | Leaders in AI & Robotics for Complex Environments.
No Recyclable Left Behind. | Leaders in AI & Robotics for Complex Environments.
EverestLabs.AI is a leading startup in the AI and robotics industry, with a mission to decarbonize the planet by maximizing recyclable recovery. Utilizing cutting-edge AI, robotics, and automation, the company aims to assist material recovery facilities (MRFs) and recyclers in operating more efficiently, while also helping CPG brands surpass their recycled content, EPR, and ESG objectives.
Founded in 2018, EverestLabs.AI addresses the critical need for modern technologies in the waste and recycling sector amid economic challenges, labor shortages, and climate change goals. The company's flagship technology, RecycleOS, is an AI-enabled recycling solution, guaranteeing pick efficacy for a wide range of recyclable materials with over 97% AI accuracy.
The recent Series A investment of $16.10M on 28th September 2022 has garnered support from prominent investors including Morado Ventures, TransLink Capital, Benhamou Global Ventures, Sierra Ventures, Unanimous Capital, Xplorer Capital, and NEC Orchestrating Future Fund.
EverestLabs.AI not only aims to drive increased revenue and better business outcomes for the recycling industry but also to contribute to a more sustainable future by ensuring that no recyclable is left behind. The company is committed to democratizing AI and automation in the recycling sector, signaling its potential for significant impact and growth in the coming years.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series A | $16.10M | 7 |
|
28 Sep 2022 |
| Seed Round | $3.50M | 1 |
|
30 Mar 2021 |
| Seed Round | Unknown | 2 |
|
22 Apr 2020 |
| Non Equity Assistance | Unknown | - | 01 Jan 2019 | |
| Seed Round | $1.75M | - | 10 Oct 2018 |
No recent news or press coverage available for EverestLabs.AI.
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