AMP Robotics Raises $91 Million for AI Sorting

AMP Robotics Corp., based in Louisville, CO, has raised $91 million in Series D funding led by Congruent Ventures, with participation from notable investors including Sequoia Capital and Liberty Mutual Investments. The company aims to enhance the deployment of its AMP ONE systems, which leverage AI and robotics to efficiently sort municipal solid waste (MSW). Founder Matanya Horowitz emphasized that this investment allows AMP to address stagnating recycling rates in the U.S. by lowering sorting costs and capturing more material value. AMP currently operates three facilities and has deployed over 400 AI systems globally, processing millions of material images to identify recyclables in real-time. The funding will support AMP's transition to standalone facilities that generate significant revenue, with expectations to commission a new facility in Colorado by 2026. This innovative technology not only improves recycling efficiency but also minimizes worker exposure to hazardous materials.