Recycleye (Accelerator)

Funding Details
Awarder
PlugAndPlayTechCenter
Date Award
May 15, 2024
Funding URL
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Company Info
Company Description
Current waste sorting infrastructure relies on huge facilities far outside city centers that still depend heavily on expensive manual picking (exposing workers to health hazards). Spun-out from academia, Recycleye developed an ultra-low-cost computer vision sensor capable of classifying all items in waste streams by material type and brand (costing <£300 vs traditionally used NIR sensors that cost >£40k and only detect plastics) – it is continuously being improved through our active partnership with Microsoft and the Imperial Data Science Institute. The ‘material passport’ logs generated will enable waste pickers/traders/facility managers to understand levels of contamination (and place an exact value on each ton of recycled plastic – turning waste into an easily tradable commodity). By leveraging this with affordable robotics the company is working with partners to launch an autonomous low-cost sorting solution that is unlocking the value-add behind decentralized sorting.

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