ZenRobotics Ltd. a Helsinki, Finland-based developer of robotic recycling solutions, is raising €13m (approximately $17m) in funding.
Backers include Invus and Lifeline Ventures.
The company intends to use the capital to grow and to commercialize its ZenRobotics Recycler product on a global scale.
Led by Juho Malmberg, CEO, ZenRobotics offers an artificial intelligence controlled robotic waste sorting system (ZenRobotics Recycler) which reclaims valuable raw materials from construction and demolition waste.
The system is marketed globally, through a reseller network in 49 countries.
FinSMEs
18/09/2012