Recycleye grabs $17M, calling plastic crisis a ‘tremendous business opportunity’

Highlighting the plastic industry’s infamous track record on recycling, London-based Recycleye says it raised $17 million in new funding led by “deep tech” investor DCVC.
The startup claims its recycling-picking robots can identify materials “at an unrivaled 60 frames per second” and sort them more accurately than humans can. Ultimately, the startup says its tech cuts the “cost of sorting materials.” TechCrunch has reached out to the company for information on its projected cost savings.
Based in Palo Alto, DCVC says its mission is to “multiply

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