SIP has announced its first deal, participating in a US$16-million round in AMP Robotics, a Denver, Colo.-based startup that makes robots that claim to sort your recycling twice as fast as humans, and with much greater accuracy. (The Logic)
Skip to content
SIP has announced its first deal, participating in a US$16-million round in AMP Robotics, a Denver, Colo.-based startup that makes robots that claim to sort your recycling twice as fast as humans, and with much greater accuracy. (The Logic)
Talking point: SIP was created just over two months ago by Alphabet company Sidewalk Labs (one of the largest seed investors in AMP Robotics) and the Ontario Teachers’ Pension Plan. The spinout company promised to look for innovative ways to deal with mobility, energy, water and waste, among other areas. SIP has said it will invest in technology “to enable sustainable, distributed and intelligent urban infrastructure, creating jobs, improving mobility, and providing more environmentally friendly infrastructure solutions.” Last month, AMP installed 14 AI-guided robots at Single Stream Recyclers in Florida, the largest global deployment in the recycling industry.
Loading...
Thanks for sharing!
You have shared 5 articles this month and reached the maximum amount of shares available.
CloseThis account has reached its share limit.
If you would like to purchase a sharing license please contact The Logic support at [email protected].
CloseGift the full article!
You have gifted 0 article(s) this month and have 5 remaining.
Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.
Most Popular This Week
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
News
Canada’s cyberspy agency exempts itself from Buy Canadian rules
Briefing
New York school pauses classroom robot pilot with Toronto’s Realbotix
United Arab Emirates to invest in Canadian energy sector ‘very soon’
Brookfield raises US$2B for new Middle East fund
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
Exclusive events
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.
