Fremont, United States
EverestLabs.AI, founded in 2018, is a pioneering force in the intersection of AI, Robotics, and Automation, specifically tailored for enhancing the efficiency of Material Recovery Facilities (MRFs). Headquartered in the United States, the company champions a mission encapsulated in its slogan: "No Recyclable Left Behind. | Leaders in AI & Robotics for Complex Environments."
EverestLabs' flagship solution, RecycleOS, offers an AI-enabled platform with over 97% accuracy, significantly boosting the recovery rates of recyclable materials. This tech empowers facilities to meet stringent climate goals and navigate challenges like labor shortages, ultimately improving revenue margins and contributing towards a sustainable planet. The company's strategic vision aligns with modern industrial needs, leveraging advanced technologies at a critical time for both economic and environmental stabilities.
In their last investment round, EverestLabs.AI secured a $16.10M Series A funding on 28 September 2022, supported by investors such as Morado Ventures, TransLink Capital, Benhamou Global Ventures, Sierra Ventures, Unanimous Capital, Xplorer Capital, and NEC Orchestrating Future Fund. This solid backing underscores the industry's confidence in EverestLabs' potential to innovate and lead the recycling technology sector.
