From Slush to sustainable materials: Ambio raises €5.1M for AI-powered plastics procurement
· Source: tech.eu
In short
Helsinki-based Ambio has raised a €5.1 million seed round led by b2venture, with participation from Montis and Lifeline Ventures, to build an AI-powered end-to-end procurement platform for recycled plastics. Founded by two former Slush team members, the startup combines supplier verification, structured material data, AI matching, and logistics to help manufacturers source recycled materials with more trust and predictability. The company currently serves customers in the Nordics and German-speaking Europe and sources materials from recyclers across Europe.
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Tags: procurement, recycling, supply chain, agents, sustainability, materials