Sortera (Series C)
Funding Details
Awarder
Inbox
Date Award
July 1, 2024
Vertical
Metals Recycling
Premoney Valuation
$200,000,000
Valuation
$200,000,000
Funding Amount
$44,400,000
Company Info
Founders
Michael Siemer
Market
Sustainability
Location
Markle, IN, US
Coinvestors
RA Capital Management, Mitsubishi's Mineral Resources Group, Macquarie GIG Energy Transition Solutions, Breakthrough Energy Ventures
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.

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