Glacier
Assembly Line
Glacier Raises Another $7.7M from New Enterprise Associates and Amazon's Climate Pledge Fund to Bring AI-Powered Robots to More Recycling Centers
Glacier, an AI and robotics company helping the recycling industry create a world without waste, announced it has raised $7.7 million in funding from NEA and Amazon’s Climate Pledge Fund, with additional participation by notable investors including AlleyCorp, Overture Climate VC, and VSC Ventures.
Glacier will allocate a significant portion of the funding towards team expansion and developing its low-cost, high-performance AI-enabled robots, which streamline recyclable sorting while gathering real-time data on recycling streams for businesses. Additionally, Glacier intends to utilize the funding to bolster its recycling capabilities, particularly in light of its recent collaboration with Amazon. This partnership is geared towards enhancing traceability and recovery processes for recyclable materials.