Next-Generation Recycling Is on the March as Waste Collection and Sorting Get a Digital Push From Innovations in Software, Data Analytics, and Robotics, Says Lux Research

/EINPresswire.com/ -- BOSTON, MA--(Marketwired - August 23, 2016) - Material recycling innovations received the most funding among "circular economy" technologies -- innovations that reduce waste or convert waste into valuable new products, according to Lux Research.

Of the total funding of $668 million from 2011 through the first quarter of 2016, material recycling captured a 69% share and accounted for 65% of the total 155 deals. Waste-to-energy, a dominant force a decade ago, got 16% of the funding, followed by wastewater treatment.

"Waste collection and sorting are experiencing disruptive changes due to the innovations based on software, data analytics, and robotics," said Jerrold Wang, Lux Research Analyst and lead author of the report titled, "Observing Trends from VC Investment Activities to Material Recycling Fields."

"The sorting segment has a hotspot in robotic-based technologies, and may integrate into collection or processing segments in the future," he added.

Lux Research analysts used Pitchbook data from 2011 to the first quarter of 2016 to evaluate funding for circular economy-related innovations including material recycling technologies. Among their findings:

• U.S. is innovation leader. The United States matched Europe in the amount of investment but saw more deals -- $310 million in funding for 84 deals, compared to $308 million for 52 deals in Europe. Among individual countries, the United Kingdom led Europe with 11 deals worth over $10 million in funding.

• Waste processing leads. Within the material recycling segment, waste processing topped funding with a 48% share and number of deals with a 42% share. Waste collection came second in both, with an identical 36% share in both funds and deals. Waste processing was dominated by material-specific technologies, while waste collection had switched from these technologies to software and data analytics.

• Waste collection getting funded in later stages. In terms of funding stage, waste collection got more late stage deals, many related to IT innovations. Seed-stage investment in waste processing covered a wide range of materials, while later stage deals focused on commonly recycled materials.

The report, titled "Observing Trends from VC Investment Activities to Material Recycling Fields," is part of the Lux Research Sustainable Building Materials Intelligence service.

About Lux Research

Lux Research provides strategic advice and ongoing intelligence for emerging technologies. Leaders in business, finance and government rely on us to help them make informed strategic decisions. Through our unique research approach focused on primary research and our extensive global network, we deliver insight, connections and competitive advantage to our clients. Visit www.luxresearchinc.com for more information.

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Contact:
Carole Jacques
Lux Research, Inc.
617-502-5314
carole.jacques@luxresearchinc.com