packaging

Amazon partners with recycling robot company to monitor packaging waste

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In 2021, the company says it used 214 million or so pounds of single-use plastic in its packaging. Nonprofit ocean conservation firm Oceana, on the other hand, put that figure at approximately ~700 million pounds. Take for example, its ongoing efforts to reduce package weights and replace plastics with paper products. The first is a robot that is primarily deployed in recycling facilities to sort through different materials. We’ve also received a pretty significant grant from the Michigan Department of Environment for further deployments of our technology.

“The Surge of Startups Driven by Growing Demand for Eco-Friendly Packaging”

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An increasing consumer appetite for sustainable packaging is powering a new wave of startupsWith the packaging market being valued at as much as €1 trillion globally it’s become a ripe field for startups to engage this market with digital products that can bring efficiency to a highly traditional industry. This is perhaps why Packmatic, a Berlin-based digital packaging marketplace has raised a €15 million Series A round led by EQT Ventures. These packaging startups tend to be attacking the same kinds of problems for both businesses and consumers. Packmatic says its marketplace network of over 300 packaging suppliers across Europe, is able to match large companies and FMCG brands with specialized packaging suppliers. Key to this is accessing sustainable packaging.