Tech Company Financing Transactions
EverestLabs Funding Round
EverestLabs, based in Fremont, secured $16.1 million from Translink Capital, BGV and Morado Venture Partners.
Transaction Overview
Company Name
Announced On
9/28/2022
Transaction Type
Venture Equity
Amount
$16,100,000
Round
Series A
Investors
Proceeds Purpose
EverestLabs to develop an AI system to help recycling facilities recover more waste on average than they did before
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
48820 Kato Rd 500B
Fremont, CA 94538
USA
Fremont, CA 94538
USA
Phone
Undisclosed
Website
Email Address
Overview
Our Mission: Assure No Recyclable is Left Behind. At the center of our mission is the implementation of AI to empower package manufacturers, CPG companies, and Materials Recovery Facilities (MRF) operators with real-time knowledge to track and recover recyclables down to the brand level.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jagadeesh Ambati
Chief Operating Officer
Chris Jodoin
Browse more venture capital transactions:
Prev: 9/28/2022: one � five venture capital transaction
Next: 9/28/2022: Hofy venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs