Thursday, 23 October 2014
Last updated 3 hours 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.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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