{"id":5127,"date":"2023-05-12T12:49:36","date_gmt":"2023-05-12T12:49:36","guid":{"rendered":"https:\/\/founderlodge.com\/latest-news\/?p=5127"},"modified":"2023-05-12T12:49:38","modified_gmt":"2023-05-12T12:49:38","slug":"amp-robotics-raises-99m-in-series-c-funding-round-led-by-congruent-ventures-and-wellington-management","status":"publish","type":"post","link":"https:\/\/founderlodge.com\/latest-news\/amp-robotics-raises-99m-in-series-c-funding-round-led-by-congruent-ventures-and-wellington-management\/","title":{"rendered":"AMP Robotics Raises $99M in Series C Funding Round Led By Congruent Ventures and Wellington Management."},"content":{"rendered":"\n<figure class=\"wp-block-image size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-155.png\" alt=\"\" class=\"wp-image-5128\" width=\"116\" height=\"116\" srcset=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-155.png 256w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-155-150x150.png 150w\" sizes=\"(max-width: 116px) 100vw, 116px\" \/><\/figure>\n\n\n\n<p>Louisville, Colorado-based <a href=\"https:\/\/www.amprobotics.com\/\">AMP Robotics<\/a> announced today that it has raised $99 million in a Series C funding round, led by <a href=\"https:\/\/www.congruentvc.com\/\">Congruent Ventures<\/a> and <a href=\"https:\/\/www.wellington.com\/en\/about-us\/why-wellington-management\">Wellington Management<\/a>. The funding will be used to expand the company&#8217;s AI and automation-enabled recycling infrastructure and accelerate its global growth.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"923\" height=\"600\" src=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-156.png\" alt=\"\" class=\"wp-image-5129\" srcset=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-156.png 923w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-156-300x195.png 300w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-156-768x499.png 768w\" sizes=\"(max-width: 923px) 100vw, 923px\" \/><\/figure>\n\n\n\n<p>AMP Robotics is a leading climate technology product manufacturing company transforming the world&#8217;s recycling industry with AI and automation-powered solutions. The company&#8217;s technology increases recycling rates and economically recovers recyclables that can be used as raw materials for the global supply chain. AMP Robotics also designs and builds new AI-powered facilities for material identification and advanced automation.<\/p>\n\n\n\n<p>With hundreds of deployments across North America, Asia, and Europe, AMP&#8217;s technology recovers plastics, paper, and metals from the municipal collection, precious commodities from electronic scrap, high-value materials from construction and demolition debris, and valuable feedstocks from organic material.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"479\" src=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-157-1024x479.png\" alt=\"\" class=\"wp-image-5130\" srcset=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-157-1024x479.png 1024w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-157-300x140.png 300w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-157-768x359.png 768w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-157-1536x718.png 1536w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/05\/image-157.png 1566w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Commenting on the latest funding, <a href=\"https:\/\/www.linkedin.com\/in\/matanya\">Matanya Horowitz<\/a>, Founder and CEO of AMP Robotics, said, &#8220;We are thrilled to have the support of such a strong group of investors as we continue to modernize and scale the recycling industry. This funding will accelerate our growth and further our mission to create a more sustainable future by increasing recycling rates and recovering valuable materials that can be reused in the global supply chain.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Louisville, Colorado-based AMP Robotics announced today that it has raised $99 million in a Series C funding round, led by Congruent Ventures and Wellington Management. The funding will be used to expand the company&#8217;s AI and automation-enabled recycling infrastructure and accelerate its global growth. AMP Robotics is a leading climate technology product manufacturing company transforming [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":5131,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":""},"categories":[2],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.2.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>AMP Robotics Raises $99M in Series C Funding Round Led By Congruent Ventures and Wellington Management. - Founder Lodge Latest News<\/title>\n<meta name=\"description\" content=\"Louisville, Colorado-based AMP Robotics announced today that it has raised $99 million in a Series C funding round, led by Congruent Ventures and\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/founderlodge.com\/latest-news\/amp-robotics-raises-99m-in-series-c-funding-round-led-by-congruent-ventures-and-wellington-management\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AMP Robotics Raises $99M in Series C Funding Round Led By Congruent Ventures and Wellington Management. - 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