AMP ROBOTICS
HEADQUARTERS: Louisville, Colorado
FOUNDER: Matanya Horowitz (CEO) EMPLOYEES: 70
With Amazon and other manufacturers shipping hundreds of millions of boxes each month and workers increasingly anxious about contracting Covid-19, some recycling facilities are turning to AMP Robotics. Its AI-powered robots use computer vision to identify paper, plastic and cardboard on a conveyor belt, then sort them with a vacuum gripper. Revenue, which has been rising 50% each quarter in 2020, is on track for an estimated $20 million this year. “Before our technology, the only way to do this was to have someone with a clipboard trying to keep up with these materials streams,” says Horowitz, 32.