Everest Labs
Everest Labs provides AI-based robots for collecting and sorting recyclable waste materials. The company offers robots that can be installed in sorting stations to pick up and sort different types of recyclable waste, with customizable speed based on operational requirements. Founded in 2018 and headquartered in Fremont, United States, Everest Labs has raised approximately $26.4M in Series A funding from investors…
Funding snapshot
About
Everest Labs provides AI-based robots for collecting and sorting recyclable waste materials. The company offers robots that can be installed in sorting stations to pick up and sort different types of recyclable waste, with customizable speed based on operational requirements. Founded in 2018 and headquartered in Fremont, United States, Everest Labs has raised approximately $26.4M in Series A funding from investors including TransLink Capital, Sierra Ventures, Morado Ventures, Xplorer Capital, NEC, and Benhamou Global Ventures. The company employs 50 people and uses computer vision and robotic manipulation to automate the labor-intensive and hazardous process of waste sorting in material recovery facilities, improving sorting accuracy and throughput while reducing contamination rates in recycled material streams.
Business model
Professional Service Robots > Energy and Environment > Solid Waste Sorting,
Solid Waste Management Tech > Recycling > Automated Sorting > Robots
Founders & team highlights
Serial Founder
Institutional investors
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