Funding Details
- Awarder
- Inbox
- Date Award
- July 01, 2024
- Vertical
- Metals Recycling
- Funding URL
- View Funding Page
- Premoney Valuation
-
$200,000,000
- Valuation
-
$200,000,000
Company Info
- Founding Year
- None
- Traction
- None
- Organizations Involved
- None
- Founders
- Michael Siemer
- Company Description
- Sortera is a metals recycler that uses AI technology to quickly sort metals from used cars, washing machines, and other materials. Their innovative approach enables more of a manufacturer's supply chain to stay in the U.S., reducing the need to ship leftovers overseas for manual separation.
- Market
- Sustainability
- Location
-
Markle,
IN,
US
- Coinvestors
- RA Capital Management, Mitsubishi's Mineral Resources Group, Macquarie GIG Energy Transition Solutions, Breakthrough Energy Ventures
Links