Congruent Ventures, a venture capital firm, and Wellington Management, a private, independent investment management firm, led a $100m series C investment in AMP Robotics, a company that specializes, in artificial intelligence, robotics, and infrastructure for the waste and recycling industry, with participation from Microsoft Climate Innovation Fund, an investment initiative to accelerate technology development and deployment of new climate innovations through equity and debt capital. “We’ve been fortunate to attract world-class investors based on the proven viability of our AI platform as a category-defining technology application for the waste industry, and we’re grateful for the investment from Microsoft’s Climate Innovation Fund. With its deep expertise and innovation in AI and broad involvement in climate, Microsoft brings an unmatched perspective to our work here at AMP. This new funding will further our efforts to improve the economics and efficiency of recycling and transform our industrialized global economy into a more circular one,” Matanya Horowitz, AMP Robotics Founder and CEO.