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Stock impact report

AMP Raises $91 Million in Series D Funding to Revolutionize Waste [Yahoo! Finance]

Waste Connections, Inc. Common Shares (WCN) 
Last waste connections, inc. common shares earnings: 2/12 04:10 pm Check Earnings Report
US:NYSE Investor Relations: wasteconnections.investorroom.com
Company Research Source: Yahoo! Finance
DENVER, December 05, 2024 BUSINESS WIRE )--AMP Robotics Corp. ("AMP"), a leading provider of AI-powered sortation at scale for the waste and recycling industry, has raised $91 million in corporate equity in a Series D financing led by Congruent Ventures. The round featured participation from current and new investors, including Sequoia Capital, XN, Blue Earth Capital, Liberty Mutual Investments, California State Teachers Retirement System (CalSTRS), Wellington Management, Range Ventures, and Tao Capital Partners. AMP will use the latest funding to accelerate the deployment of its AMP ONE™ systems, which are capable of cost-effectively sorting municipal solid waste (MSW), as demonstrated by the first-of-its-kind system AMP operates in Portsmouth, Virginia. Last month, AMP also entered into an agreement with Waste Connections, Inc. (TSX/NYSE: WCN) to equip and operate one of Waste Connections' single-stream recycling facilities in Colorado. AMP ONE provides a full-scale facility solu Show less Read more
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