Amazon-backed Glacier gets $16M to expand its robot recycling fleet

Here’s a structured summary based on the provided information:

Overview of Glacier Startup

• Startup Name: Glacier
• Founded: 6 years ago
• Industry: Recycling technology
• Product: Automated robotic systems for sorting recyclables using computer vision

Fundraising Details

• Fundraise Amount: $16 million
• Series: Series A
• Date: Recent (exact date not specified)

Investors

• Lead Investor: Ecosystem Integrity Fund
• Participating Investors:
  • AlleyCorp
  • Alumni Ventures
  • Amazon Climate Pledge Fund
  • Cox Exponential
  • Elysium
  • New Enterprise Associates
  • One Small Planet
  • Overlap Holdings
  • Overture
  • VSC Ventures
  • Working Capital Fund

Founders

• CEO and Co-founder: Rebecca Hu-Thrams
• CTO and Co-founder: Areeb Malik

Notable Information

• Glacier’s robots are operational in cities including San Francisco, Los Angeles, Chicago, Detroit, Phoenix, and Seattle.
• The company also offers a data product for materials recovery facilities (MRFs) and stakeholders to gain insights about the waste stream.
• MRFs face high turnover rates and difficulties in staffing sorting positions, often under undesirable working conditions.

This summary captures the key aspects of Glacier and its fundraising information.

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2025-04-28 14:00:00