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§ Private Profile · Fremont, CA, USA
Provides AI and robotics solutions for recycling facilities, automating waste identification and material recovery.
Based in Fremont, California, EverestLabs develops artificial intelligence and robotics solutions that automatically identify and sort waste materials on conveyor lines for commercial recycling facilities. The company provides an operating system called RecycleOS that combines machine learning software with automation hardware to help materials recovery facilities increase sorting accuracy and overall recovery rates. This enterprise platform is currently deployed across various North American recycling plant operators, including recognizable named customers such as Recology, Alameda County Industries, and SIMS Sunset Park in Brooklyn. The organization has raised a total of $24,630,000 in venture funding, which includes a $16,100,000 Series A round led by Translink Capital with participation from Sierra Ventures and BGV. Originally founded in 2018 by Jagadeesh Ambati, the hardware and software provider maintained a corporate headcount of approximately thirteen employees as of late 2022.
Everestlabs.AI has raised $16.1M across 1 funding round.
Everestlabs.AI has raised $16.1M in total across 1 funding round.
Everestlabs.AI has raised $16.1M across 1 funding round. Most recently, it raised $16.1M Series A in September 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 28, 2022 | $16.1M Series A | KAZ Kikuchi | RON Sege, Morado Ventures, NEC, Sierra Ventures, Xplorer Capital | Announced |
Everestlabs.AI has raised $16.1M in total across 1 funding round.
Everestlabs.AI's investors include Kaz Kikuchi, Ron Sege, Morado Ventures, NEC, Sierra Ventures, Xplorer Capital.