EverestLabs Raises $16.1M in Funding
- EverestLabs, a Fremont, CA-based developer of an AI-enabled operating system for recycling, raised $16.1M in funding
- The round was led by Translink Capital with participation form NEC Orchestrating Future Fund, BGV, Sierra Ventures, Morado Ventures, and Xplorer Capital
- As part of this funding round, Kaz Kikuchi of Translink Capital will join the company’s board
- The company is a climate tech company and the developer of RecycleOS, an AI software and robotics solution for recycling plants, CPG companies, and packaging manufacturers to achieve decarbonization
- The company value proposition has been validated by public companies, private companies, and local cities in the U.S