Lixo provides an integrated waste-management offering that combines hardware, AI-based technologies and software to support waste managers. The company positions itself on growing needs for technologies that promote waste recovery across the waste value chain. Its product is presented as a complete service designed to increase overall efficiency of the recycling process at several stages. Lixo plans to use the newly raised capital to accelerate the development of its waste management solution. The announcement frames the funding as enabling faster deployment and improvement of its performance-oriented systems. The company was selected as the 14th investment of Demeter’s smart-city seed fund (D6A).

Total raised

$4M

Funding rounds

1

Latest round

Seed

Latest activity

Jan 2022