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From Slush to sustainable materials: Ambio raises €5.1M for AI-powered plastics procurement

Helsinki-based startup Ambio has raised a €5.1 million seed round led by b2venture, with participation from Montis and existing investor Lifeline Ventures, to bring greater trust, reliability, and speed to recycled plastics procurement. Founded in February 2023 by two former Slush team members, Ambio is developing an AI-powered, end-to-end procurement platform that makes recycled plastics easier to source, assess, and trade, covering the entire purchasing cycle from material discovery and sampling…

Tarun Mottlia

Via Tech.eu

·Excerpt
From Slush to sustainable materials: Ambio raises €5.1M for AI-powered plastics procurement
Image: Tech.eu

Helsinki-based startup Ambio has raised a €5.1 million seed round led by b2venture, with participation from Montis and existing investor Lifeline Ventures, to bring greater trust, reliability, and speed to recycled plastics procurement.

Founded in February 2023 by two former Slush team members, Ambio is developing an AI-powered, end-to-end procurement platform that makes recycled plastics easier to source, assess, and trade, covering the entire purchasing cycle from material discovery and sampling to long-term deliveries.

I spoke to co-founders CEO Tommi…

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