Investor Backing & Capital Strength:
A $91 million Series D round was raised to accelerate deployments of AI sortation systems and expand manufacturing and facilities, signaling strong financial support for scaling. Company materials emphasize this capital is aimed at building out facility-level solutions and broader operations.
Market Expansion:
Processing capacity in Portsmouth, Virginia increased to 108,000 tons per year, with a second facility in the same region slated for late 2027, indicating rising throughput and a multi-site build-out. Company materials also describe hundreds of automated sorting systems across North America, Europe, and Japan, alongside new facility-scale offerings.
Strategic Partnerships:
A long-term regional agreement with SPSA and collaborations such as equipping and operating a Waste Connections facility, plus a multi-year carbon-removal credit agreement with Google, show deepening ties with municipalities and major industry players. These arrangements expand roles from equipment supply into turnkey sortation services.
