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London-based AI
waste intelligence company Greyparrot has raised $27 million in Series B
funding, bringing its total funding to $60 million. The round was led by
technology investor Omar Mir and comes after Greyparrot’s AI platform surpassed
one trillion detected waste objects.
Founded by
Mikela Druckman, Ambarish Mitra, and Nikola Sivacki, Greyparrot develops AI-powered camera
systems that monitor waste streams in real time, helping recycling facilities
identify materials, products and brands as they move along sorting lines.
Installed above conveyor belts, the company’s Analyzers provide continuous data
that enables operators to improve material recovery, optimise sorting processes
and support regulatory compliance.
As governments
introduce stricter requirements around recycling, packaging and material
reporting, waste operators and consumer goods companies are seeking better
visibility into waste flows. Greyparrot’s technology is used by waste
management companies including WM, Circular Services, Veolia, Biffa and FCC to
improve recovery rates, monitor material quality and optimise facility
performance.
Brands such as
Unilever, L’Oréal and Kenvue also use the company’s Deepnest platform to better
understand how packaging performs after disposal and to support compliance with
Extended Producer Responsibility regulations and the EU Packaging and Packaging
Waste Regulation.
In early 2026,
the UK’s Environment Agency accepted AI-generated waste composition data from
Greyparrot for statutory compliance reporting, marking the first time such data
has been used for this purpose.
The milestone
underscores Greyparrot’s growing role in waste intelligence. Commenting on the
company’s next phase of growth, Mikela Druckman, co-founder and CEO of
Greyparrot, said:
Waste is
one of the planet’s largest untapped resources, and data is the infrastructure
that unlocks it. This funding lets us scale rapidly across North America and
Europe and grow our AI, data science and product teams. The technology, market
demand, urgency and momentum are all here, and we are ready to scale our
impact.
The company’s
growth has been supported by its AI platform, which has now analysed more than
one trillion waste objects across its global network. The resulting data helps
recover valuable materials, improve operational decision-making and support the
transition to a more circular economy.
Beyond
improving recycling operations, Greyparrot sees waste intelligence can reshape
how materials are valued and managed across the wider economy.
Waste
intelligence will do for materials what satellite data did for navigation. For
decades, waste has been a blind spot. Nations compete for resources while
burying and burning existing resources. What’s been missing is the ability to
measure what they’re losing. Once you can measure a material, you can trade it
and invest in it. That is when the circular economy stops being an ambition and
becomes infrastructure,
said Ambarish Mitra,
co-founder of Greyparrot.
Greyparrot will use the new funding to expand across North America and
Europe, grow its AI, data science and product teams, nd scale its technology to
help recover more than one million tonnes of waste by 2030.