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Announced

Completed

DCVC led a $17m Series A funding round in Recycleye.

Financials

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Transaction Value£13m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Minority

Cross Border

Environmental Consulting

Venture Capital

Completed

Friendly

Private Equity

Acquisition

Single Bidder

Private

United Kingdom

environmental engineering

Synopsis

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DCVC, a venture capital firm, led a $17m Series A funding round in Recycleye, a developer of digital tools designed to detect and provide analytics on waste management, with participation from Promus Ventures, Playfair Capital, MMC Ventures, Creator Fund and Atypical. Recycleye uses AI-powered waste-picking robots to lower the cost of sorting materials. This ground-breaking technology is turning the world’s waste into resource and delivering data essential for dynamic decision-making in a Material Recovery Facility.

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