Irish Green Tech Start-Up Raises $7.5 Million

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.


In Depth

Israeli Hedge Fund Harnesses Big Data

Jul 28 2014 | 8:10am ET

Apica Green is a multi-million dollar Israeli hedge fund that is based in Tel Aviv...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

Compelling Opportunities In The Alternatives Space

Jul 29 2014 | 9:33am ET

In an environment where many asset classes seem expensive by historical standards...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note