Recycleye is an intelligent waste management start-up that aims to bring transparency to the recycling industry.
Supported by EIT RawMaterials
Recycleye began its operation in 2019 with only Victor Dewulf and Peter Hedley, with the aim to bring transparency to the recycling industry and accelerate the world’s transition to a circular economy. Two years on and Recycleye is a fully-fledged company closer to accomplish its mission.
The start-up developed a computer vision system and affordable robotics to build the world’s first fully automated material recovery facility. Recycleye’s vision system can detect and classify all items in waste streams – broken down by material, object and even brand.
The company is currently working with two of the three largest waste management players in the UK to provide total waste knowledge. Their initial pilot programmes, which have been deployed in the UK and France, have been installed to optimise waste facility operations. Using Recycleye’s computer vision system has enabled clients, for the first time, to examine their facility and strategic operations using live data of outgoing waste flows.
Recycleye is innovating automated turnkey solutions that will unlock the full potential of existing waste sorting infrastructure. At the core of the company’s mission is to digitise and decentralise the recycling industry by using 21st century technology that enables autonomous decision making.
EIT Community support
While COVID-19 may have slowed down some companies, Recycleye has only accelerated. Over 2020, with EIT RawMaterials Accelerator support, the start-up has been able to achieve even greater milestones, with some of the greatest achievements including:
- Building a vision system capable of identifying all waste materials
- Product deployments across the UK and France
- Expanding to a team of 12 of the best technologists and creatives
- Securing GBP 1.2 million in seed funding
- In 2021, being featured by Forbes in its 30 Under 30 Europe list
Recycleye aims to bring transparency to the recycling industry and accelerate the world’s transition to a circular economy.
Peter Hedley, CTO of Recycleye, and Victor Dewulf, CEO of Recycleye