Plastic Recycling Robot Company b:bot, Receives Investment

The French plastic recycling robot company b:bot takes plastic bottles and shreds them on site. At the same time, it makes 100 percent of the bottles offered recyclable. The mix of robotics and artificial intelligence reduces the volume of plastic by 90 percent. An investment news came for b: bot, which develops robots that recycle plastic bottles. It received an investment of 20 million euros with the participation of its existing investors, Eiffel Investment Group and Crédit Agricole Normandie-Seine. It should be noted that the post-investment valuation of the company was not shared with the press.

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b:bot Will Double the Size of the Robot Workforce

The company's plans are to double the size of its robot workforce by the end of this year, expand into new markets and then take on the recycling of cans. b:bot President and Founder Benoit Paget said:

Meanwhile, the company recently launched robots in Portugal. It then plans to tackle Tunisia and the United Arab Emirates. Romain Ohayon, Managing Director of the Eiffel Essentiel fund,

The French startup significantly reduces the carbon footprint of the plastic recycling process with its low-stage recycling cycle. b: bot continues to work in the field with more than 500 robots. It collects more than 500 thousand bottles a day. Thus, a total of 130 million plastic bottles have been recycled so far!