Sortera Alloys brings state-of-the-art artificial intelligence and machine learning data analytics to the industrial scrap metal recycling industry. This disruptive technology drives new paradigms by generating new recycling products through advanced sortation methods. Creating novel recycled metal fractions from existing scrap recycling streams enables the domestic production of metals for manufacturing, boosting the strength of the circular economy. Based in Fort Wayne, Indiana, Sortera is led by a team of seasoned innovators in the fields of advanced materials, electronic instrumentation and equipment development.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 07/07/22 | $10,000,000 | Venture |
Assembly Ventures Breakthrough Energy Ventures Novelis | undisclosed |
