Greyparrot, a London, UK-based AI powered waste management software company, raised $11 million in Series A funding.
The round was led by Una Terra with participation from with Closed Loop Partners, Speedinvest, Unreasonable Collective, 360 Capital, Archipelago Eco Investors, Accelerating Growth Fund, and TI Capital.
The company, which has raised a total of $15.9 million, intends to use the funds to increase its product offering and expand operations and its business reach.
Founded by Mikela Druckman, Ambarish Mitra and Nikola Sivacki, Greyparrot is an AI-based waste recognition software platform that allows waste managers, producers, and regulators to monitor, audit and sort waste at scale and obtain better data analytics, and automation in the recycling sector.
Customers include companies such as Suez, Biffa, A2A, Digido Ara and Veolia.