About Recycleye
Recycleye is a company based in London (United Kingdom) founded in 2019 by Victor Dewulf was acquired by Cpgrp in April 2026.. Recycleye has raised $23.36 million across 6 funding rounds from investors including Cpgrp, Norse Group and Brysonrecycling. The company has 29 employees as of October 31, 2021. Recycleye offers products and services including Recycleye QualiBot®, Recycleye QuantiSort®, and Recycleye Insights. Recycleye operates in a competitive market with competitors including Greyparrot, LIXO, VALIS, GreenBin and ARIS Robotics ApS, among others.
- Headquarter London, United Kingdom
- Employees 29 as on 31 Oct, 2021
- Founders Victor Dewulf
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Sectors
EnvironmentTechnology
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Phone
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Website
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Social
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- Legal Name Recycleye Ltd
- Date of Incorporation 23 Sep, 2019
- Jurisdiction LONDON, ENGLAND
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Products & Services of Recycleye
Recycleye offers a comprehensive portfolio of products and services, including Recycleye QualiBot®, Recycleye QuantiSort®, and Recycleye Insights. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI robot for accurate waste material sorting and separation.
System for quantifying and sorting various waste types efficiently.
Platform providing data analytics for waste management optimization.
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Funding Insights of Recycleye
Recycleye has successfully raised a total of $23.36M across 6 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Last Round
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First Round
First Round
(15 Dec 2020)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2024 | Amount | Series A - Recycleye | Valuation |
investors |
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| Aug, 2023 | Amount | Series A - Recycleye | Valuation | Brysonrecycling |
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| Feb, 2023 | Amount | Series A - Recycleye | Valuation | DCVC |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Recycleye
Recycleye has secured backing from 14 investors, including institutional and venture fund investors. Prominent investors backing the company include Cpgrp, Norse Group and Brysonrecycling. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Early-stage tech companies are invested in by Promus Ventures.
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Seed and series-A investments are made in technology companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Recycleye
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Recycleye
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Recycleye Comparisons
Competitors of Recycleye
Recycleye operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Greyparrot, LIXO, VALIS, GreenBin and ARIS Robotics ApS, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
AI-based solution provider for waste management
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AI-based solutions for waste characterization and sorting are provided.
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Provider of metal waste sorting software
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| domain | founded_year | HQ Location |
Plastic waste sorting solutions are provided via a smartphone app.
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| domain | founded_year | HQ Location |
AI-based solutions for material recognition and waste sorting are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Recycleye
Frequently Asked Questions about Recycleye
When was Recycleye founded?
Recycleye was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Recycleye located?
Recycleye is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Recycleye?
Victor Dewulf is the current CEO of Recycleye. They have also founded this company.
Is Recycleye a funded company?
Recycleye is a funded company, having raised a total of $23.36M across 6 funding rounds to date. The company's 1st funding round was a Series A of $17M, raised on Dec 15, 2020.
How many employees does Recycleye have?
As of Oct 31, 2021, the latest employee count at Recycleye is 29.
What does Recycleye do?
Recycleye provides solutions for automated waste sorting. It uses machine learning and computer vision algorithm to detect and analyse waste.
Who are the top competitors of Recycleye?
Recycleye's top competitors include Greyparrot, LIXO and VALIS.
What products or services does Recycleye offer?
Recycleye offers Recycleye QualiBot®, Recycleye QuantiSort®, and Recycleye Insights.
Who are Recycleye's investors?
Recycleye has 14 investors. Key investors include Cpgrp, Norse Group, Brysonrecycling, DCVC, and Promus Ventures.