Amazon Blog – 3.6.24
As part of our ongoing commitment to support entrepreneurs and female-led companies in climate tech, Amazon’s Climate Pledge Fund recently invested in Glacier, an AI and robotics company helping the recycling industry work toward a world without waste. Co-founded and led by Rebecca Hu and Areeb Malik, Glacier uses AI-powered robots to automate the sorting of recyclables and collect real-time data on recycling streams for recycling companies and consumer brands. The Climate Pledge Fund, Amazon’s corporate venture capital fund that invests in climate tech companies to help accelerate Amazon’s path to meet the commitments of The Climate Pledge, first announced its $53 million Female Founder Initiative in 2022 to close the funding gap for women in climate tech. Glacier is the second company led by a female CEO to receive investment from The Climate Pledge Fund.
Source: How Amazon’s latest Climate Pledge Fund investment is transforming recycling through AI and robotics