Funding Details
- Awarder
- PlugAndPlayTechCenter
- Date Award
- May 15, 2024
- Funding URL
- View Funding Page
Company Info
- Company Description
- Evtek is reimagining recycling. Our leadership team believes in a circular economy where people and the environment thrive in a post-waste society. Our multiple collection, transportation and processing technologies are based off our fundamental AI Vision system which is unlocking never before seen value and information for the recycling supply chain. Within seconds we have the ability to understand what individuals and businesses have recycled, this information is as granular as; identifying brands, sizes, amount, commodity type and contamination rates for single use containers. Our smart IOT collection technologies cast a network effect, allowing us to know exactly when, where and how much one of our users recycled while interacting with our distributed network of collection infrastructure. Our AI Vision System coupled with our Smart Collection Infrastructure allows for an in-depth "Chain of Custody" for the recycling supply chain. We provide producers of recyclables, municipalities, consumers and processors with Life Cycle Analysis metrics for their specific recyclables. As a result we can pinpoint where recycling systems are broken and who is participating. Through targeted incentives and information we are seeing that our system can effectively increase recycling rates.
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