Monday, 3 August 2015
Last updated 1 hour ago
Feb 11 2009 | 6:53am ET
Limerick-based AMCS has raised GBP 5.2 million ($7.5 million) to develop its pay-as-you-throw systems for garbage disposal.
The investment is led by the UK-based clean tech fund WHEB Ventures and the Ulster Bank Diageo Venture Fund, managed by NCB Ventures in Dublin.
Pay-as-you-throw technology, in use in Ireland for several years, is designed to reduce the amount of waste going to landfills and encourage recycling.
AMCS has developed a complete end-to-end software and hardware turnkey system for the delivery of weighing and identification solutions to the waste and recycling industry. The solutions facilitate variable weight-related charging and incentives.
AMCS plans to use the investment to finance the company’s global expansion and support new product development.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…