AI material scanner startup raises £1.5m

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UK tech firm Matoha completes funding round to develop AI-powered material identification scanners for textile recycling

LONDON - Technology startup Matoha has raised £1.5 million in the first phase of a seed funding round to develop and scale its AI-powered material identification scanners.

The company’s handheld devices claim to be able to scan and identify the compositional make-up of textiles in less than a second to help sort fabrics for recycling.

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