Glacier Gets Investment from Amazon to Fund AI-Powered Robots in Recycling Centers
Amazon is continuing to invest in companies, announcing its latest partnership with San Francisco start up, Glacier.
March 7, 2024
Amazon is continuing to invest in companies, announcing its latest partnership with San Francisco start up, Glacier.
Glacier, a female-led company, is working to create next-generation, AI-guided recycling robots. The company announced today that is has raised $7.7 million in funding from New Enterprise Associates (NEA) and Amazon’s Climate Pledge Fund with additional funding from other investors.
“We are excited to continue supporting Glacier’s mission of eliminating waste by automating recycling with AI and robotics,” said Ann Bordetsky, a partner at NEA.
“Glacier’s market-leading technology not only enhances recycling efficiency but also paves the way for companies across industries to understand the efficacy of their sustainability initiatives.”
“Amazon is always looking at new ways to innovate on behalf of our customers, and plastic packaging is no exception,” said Nick Ellis, Principal of Amazon’s Climate Pledge Fund.
“In order to build a future where new materials can be recycled at scale, we must test options to move these materials through the recycling system. Partnering with Glacier will enable us to test the role of novel AI and robotics-based recycling technologies so that we can identify and aggregate novel packaging materials that can ultimately be recycled and repurposed.”
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