About Waste Robotic
Waste Robotic is a company based in Quebec City (Canada) founded in 2016.. Waste Robotic has raised $7.33 million across 3 funding rounds from investors including Mirova, Fondaction and Sustainable Development Technology Canada. Waste Robotic offers products and services including C&D Presort, Recyclables, Metals, Robot Validator, and AI-Gripper. Waste Robotic operates in a competitive market with competitors including Glacier, Everest Labs, Pellenc ST, Gongye Technology and SmarterX, among others.
- Headquarter Quebec City, Canada
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Sectors
EnvironmentTechnology Industrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Waste Robotics Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.33 M (USD)
in 3 rounds
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Latest Funding Round
$7.33 M (USD), Series A
Sep 07, 2023
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Investors
Mirova
& 2 more
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Employee Count
Employee Count
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Products & Services of Waste Robotic
Waste Robotic offers a comprehensive portfolio of products and services, including C&D Presort, Recyclables, Metals, Robot Validator, and AI-Gripper. 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.
System for presorting construction and demolition waste efficiently.
Tool for sorting various plastics to achieve higher purity.
Gripper for sorting scrap metal and circuit boards accurately.
Device for validating and reporting waste streams in real-time.
Custom gripper for precise waste handling and sorting tasks.
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Funding Insights of Waste Robotic
Waste Robotic has successfully raised a total of $7.33M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $7.33 million completed in September 2023. 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 3
- Last Round Series A — $7.3M
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First Round
First Round
(08 Mar 2019)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2023 | Amount | Series A - Waste Robotic | Valuation | Mirova , Fondaction |
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| Mar, 2021 | Amount | Seed - Waste Robotic | Valuation | Fondaction |
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| Mar, 2019 | Amount | Grant - Waste Robotic | Valuation |
investors |
| 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 Waste Robotic
Waste Robotic has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Mirova, Fondaction and Sustainable Development Technology Canada. 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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Investments in equities, bonds, infrastructure, and impact projects are managed.
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Founded Year | Domain | Location | |
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Venture capital firm focused on investing in clean tech sectors
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Founded Year | Domain | Location | |
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Offers sustainable finance and REER for individuals and businesses.
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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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Founded Year | Domain | Location | |
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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 Waste Robotic
| 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 - Waste Robotic
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Waste Robotic Comparisons
Competitors of Waste Robotic
Waste Robotic 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 Glacier, Everest Labs, Pellenc ST, Gongye Technology and SmarterX, 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 robots for automated waste sorting are provided.
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| domain | founded_year | HQ Location |
AI-based robots are provided for recyclable waste collection and sorting.
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| domain | founded_year | HQ Location |
Optical sorting solutions for waste recycling and treatment are developed.
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| domain | founded_year | HQ Location |
AI-powered sorting equipment for waste recycling is provided.
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| domain | founded_year | HQ Location |
Provider of software suite solutions for in-store retail businesses
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| domain | founded_year | HQ Location |
AI-powered automated waste sorting systems are provided for recycling applications.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
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 Waste Robotic
Frequently Asked Questions about Waste Robotic
When was Waste Robotic founded?
Waste Robotic was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is Waste Robotic located?
Waste Robotic is headquartered in Quebec City, Canada. It is registered at Quebec City, Quebec, Canada.
Is Waste Robotic a funded company?
Waste Robotic is a funded company, having raised a total of $7.33M across 3 funding rounds to date. The company's 1st funding round was a Grant of $1.4M, raised on Mar 08, 2019.
What does Waste Robotic do?
Waste Robotic was founded in 2016 in Quebec City, Canada, within the waste management and robotics sector. Robotic systems integrating computer vision and deep learning algorithms are utilized to identify and separate various waste types, including organic, construction, and demolition materials. Software solutions for waste recognition and robotic extraction are also developed. Operations focus on enhancing sorting efficiency in industrial settings.
Who are the top competitors of Waste Robotic?
Waste Robotic's top competitors include Glacier, Pellenc ST and Gongye Technology.
What products or services does Waste Robotic offer?
Waste Robotic offers C&D Presort, Recyclables, Metals, Robot Validator, and AI-Gripper.
Who are Waste Robotic's investors?
Waste Robotic has 3 investors. Key investors include Mirova, Fondaction, and Sustainable Development Technology Canada.