Recycleye

Recycleye provides AI-powered robotic sorting systems and data analytics for the waste management industry, aiming to enhance the profitability and efficiency of material recovery. The company was founded in London, United Kingdom, in 2019 by CEO Victor Dewulf and CTO Peter Hedley. Dewulf's inspiration reportedly came from his time working at a recycling facility, where he observed the inefficiencies of manual sorting.The firm develops and deploys a suite of products that can be retrofitted into existing Material Recovery Facilities (MRFs). Its core technology, Recycleye Vision, is an AI-powered computer vision system that uses a vast database of waste images to identify and classify materials on conveyor belts with high accuracy. This system can distinguish items by material, object, and even brand. The data gathered by Recycleye Vision feeds into Recycleye Robotics, a robotic picking system designed to sort materials more accurately and consistently than human sorters. The robots can operate 24/7, picking up to 33,000 items in a 10-hour shift and scanning items at 60 frames per second, which is double the industry standard. Additionally, the company offers Recycleye Analytics, a dashboard that provides plant managers with real-time compositional data and insights to optimize facility operations and make data-driven decisions. Recycleye's business model is centered on providing these technology solutions to waste management companies, helping them tackle labor shortages and rising costs while improving the purity of sorted materials. The company's systems are installed in facilities across Europe, the US, and Australia. Since its inception, Recycleye has raised a total of $23.4M in funding over several rounds, including a $17M Series A in February 2023, with investors including DCVC, Seaya Andromeda, Promus Ventures, and MMC Ventures. The company was also a recipient of various grants from European and UK innovation funds. In April 2026, Recycleye was acquired by CP Group and now operates as a subsidiary. Keywords: AI waste sorting, robotic recycling, computer vision, material recovery facility, MRF technology, waste analytics, circular economy, intelligent waste management, recycling automation, waste-to-resource, cleantech, environmental services, Victor Dewulf, Peter Hedley, AI-powered sorting, waste stream analysis, robotic picking system, automated sorting, recycling data, profitability in waste, recycling technology, waste management solutions, CP Group