Congruent Ventures led a $91m Series D funding round in AMP Robotics.

Congruent Ventures, an early-stage venture fund focused on climate tech and sustainable technologies, led a $91m Series D funding round in AMP Robotics, a provider of AI-powered sortation at scale for the waste and recycling industry, with participation from Sequoia Capital, XN, Blue Earth Capital, Liberty Mutual Investments, California State Teachers Retirement System (CalSTRS), Wellington Management, Range Ventures, and Tao Capital Partners. “Recycling rates have stagnated in the United States, despite the positive benefits recycling offers local economies and the environment. This latest investment enables us to tackle larger projects and deliver real outcomes for waste companies and municipalities – by lowering sortation costs, capturing more material value, diverting organic waste, and extending landfill life – all while helping the industry optimize its strategic assets,” Matanya Horowitz, AMP Founder.