Recycleye secures £217.5k for AI-driven waste sorting technology

AI-powered robotic sorting equipment developer Recycleye has raised an estimated £217.5k in its latest funding round. Based in London and founded in 2019, the company provides computer vision and robotics solutions for the global waste management industry. Its technology utilizes deep learning and a database of billions of waste images to identify and sort materials with the accuracy of a human eye.

This investment follows a series of funding events in 2023, where the company raised approximately £14m across three Series A tranches. The largest of these was a £12.3m round in February 2023, preceded by a £744.1k allotment in January and followed by a £1m allotment in April. Prior to the Series A activity, Recycleye secured £3.4m in a June 2021 seed round and £27.8k in October 2020 at a valuation of £2.5m. The current allotment was filed in May 2026.

Two new directors joined the board in May 2026: Richard Coupland and Terry Allen Schneider.

According to its latest accounts for the year ended 30 September 2024, the company employed 43 people. However, more recent data from LinkedIn indicates the workforce has grown to 105 employees. Recycleye operates across Europe and the USA, providing dashboards that offer operational and strategic insights to waste management firms.

The company addresses the high costs of material sorting by automating the process with optical sorters and robotics. By combining computer vision with mechanical sorting, Recycleye aims to lower material recovery costs and increase plant performance for global waste management businesses. Its systems are designed to provide data-driven insights for material recovery facilities to enhance sorting efficiency.