Sorted Raises £1.65M for Recycling Tech, Plans Expansion
Sorted Raises £1.65M in Seed Funding
Sorted's Seed Funding for Recycling Tech
Key Highlights:
- Seed Funding: Sorted, a recycling tech startup, raised £1.65 million in Seed funding.
- Investors: Funding led by Pi Labs, with participation from Archipelago Ventures, Circular Plastics Accelerator, Conduit Connect, Antler, and angel investors.
- Expansion Plans: Funds will be used to expand operations and business reach.
Sorted's Target Market
- Target Market: Waste management and recycling companies in the UK and France.
- Recycling Industry: Companies seeking AI-powered solutions to improve the sorting of recyclable materials.
- Environmental Organizations: Organizations focused on sustainability and waste management.
What Sorted Needs to Buy
- Technology Development: Investment in research and development to enhance AI-powered sorting solutions.
- Business Expansion: Resources to expand operations and reach new customers in the recycling industry.
- Partnerships and Collaborations: Collaborations with waste management companies and environmental organizations to drive innovation and adoption of recycling technologies.