Tomra has acquired a stake in AI specialist Poly Perception. The sorting technology and reverse vending machine (RVM) company announced last week that it is acquiring a 25 per cent holding in the Belgian start-up. Founded not quite four years ago, Poly Perception offers AI-based waste flow monitoring. Tomra has been cooperating with the company since the end of 2022. With its investment in Poly Perception, Tomra sees itself moving closer to a transformation of resource recovery using the "latest technology".
By measuring data at key points in the sorting process, the AI start-up helped sorting facility operators to continuously assess the quality of sorted streams and the loss of good material in the residual stream, and enabled them to make data-driven decisions, explained Tomra in its announcement. This waste stream analysis could also function as an automated compliance system, ensuring that regulations governing food-grade recycling and local legislation are adhered to, the company added. PolyPerception anticipates that demand for its technology will grow as regulation becomes more demanding.
Read more about Tomra's investement in Poly Perception. . . .
Read our coverage of Tomra's full-year 2023 financial performance here - Tomra posts strong 2023 revenue and earnings growth in RVM and waste sorting businesses...
