Fundz

AMP closes $70 million in project debt financing led by Galvanize to support construction of a new sorting facility and organics processing system.

PRIVATESep 30, 2026

Amount Raised

$70 Million

Round Type

Debt Financing

PortsmouthArtificial IntelligenceWaste Management

Investors

Galvanize

Description

AMP, a leader in AI-powered sorting solutions, has closed $70 million in project debt financing led by Galvanize. This financing will support the construction of a new sortation facility and an organics processing system in Portsmouth, Virginia. These are key components of AMP’s long-term partnership with the Southeastern Public Service Authority. The regional system is designed to process over half a million tons.

Company Information

Company

AMP

Location

Portsmouth, Virginia, United States

About

AMP is a leader in AI-powered sorting solutions for the waste and recycling industry. The company focuses on innovative technologies that enhance the efficiency of waste management systems. AMP aims to improve recycling rates and reduce landfill use through advanced AI applications.

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