AMP Robotics Corp., a pioneer in artificial intelligence and robotics for the recycling industry, was named a Rising Star Company of the Year in the 2020 Global Cleantech 100 by Cleantech Group. The 2020 Global Cleantech 100 is the 11th edition of the respected annual guide to the leading companies and themes in sustainable innovation. It features the private, independent and for-profit companies best positioned to contribute to a more digitized, de-carbonized and resource-efficient industrial future.
“Receiving the Cleantech Group’s ‘Rising Star Company of the Year’ award is a tremendous honor,” said Matanya Horowitz, founder and chief executive officer at AMP. “This achievement represents both the success of AMP and the incredible dedication of our team to help make recycling sustainable so we can advance a circular economy and eliminate waste.”
The list combines Cleantech Group’s research data with qualitative judgments from nominations and insight from a global 80-member expert panel of leading investors and executives from corporations and industrials active in technology and innovation scouting. From pioneers and veterans to new entrants, the expert panel broadly represents the global cleantech community and results in a list with a powerful base of respect and support from many important players within the cleantech innovation ecosystem. The Global Cleantech 100 program is sponsored by Chubb.
Recently, AMP announced that it raised $16 million in Series A funding, led by Sequoia Capital with participation from a world class consortium of sustainability focused investors, including BV, Closed Loop Partners, Congruent Ventures, and Sidewalk Infrastructure Partners.