Tech Company Financing Transactions
Sortrace Funding Round
Almi Invest, Antler and private investors invested in a $800 thousand funding round for Sortrace. The round was announced on 11/2/2026.
Transaction Overview
Company Name
Announced On
11/2/2026
Transaction Type
Venture Equity
Amount
$800,000
Round
Undisclosed
Investors
Almi Invest (Lead Investor)
Proceeds Purpose
The company intends to use the funds to meet demand from municipal partners, expand its specialized engineering and development workforce, and grow the application of its core computer vision technology beyond collection vehicles into other strategic stages of the waste management infrastructure.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Birger Jarlsgatan 57 c
Stockholm, 11356
Sweden
Stockholm, 11356
Sweden
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Sortrace is transforming the waste management industry. We help municipalities and private waste management companies reduce contamination and increase recycling through automated detection of improper sorting in household waste. Our solution combines image analysis with data intelligence to enable smarter, cleaner cities.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Rahel Surshi
Chief Technical Officer
Tomas Kjellstrand
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We do our best to report on every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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