Cycled is now an EuroStar Startup!
Cycled Technologies AS in a consortium with AI Superior and University of South-Eastern Norway (USN) has been awarded an R&D grant by the Eureka Eurostar program . This program is a funding mechanism established between 48 countries and the European Commission to promote competitiveness, market integration, and research and development collaboration.
The Eurostar program received 400 applications, and the consortium’s proposal was ranked No. 36, which is an impressive achievement. As a result, all partners in the consortium have received confirmation of funding.
The primary objective of the project is to improve material traceability across the global waste cycle using AI Superior’s cutting-edge research on machine learning and artificial intelligence. Additionally, USN’s School of Business will provide guidance for product development in line with public waste management practices.
The partnership between Cycled Technologies, AI Superior, and USN has been strategically planned to bring together a critical mass of skills, expertise, and experience to tackle all the key technical requirements for successful project delivery. The consortium’s complementary knowledge will demonstrate the benefits of trans-European cooperation.
This project’s significance is underscored by the need to improve material traceability across the global waste cycle. Waste management is a significant challenge that needs innovative solutions to minimize its environmental impact. The consortium’s efforts will lead to the development of sustainable and scalable waste management solutions.
In conclusion, the Eureka Eurostar program’s grant to Cycled Technologies AS in consortium with AI Superior and USN is a significant achievement that will contribute to the development of sustainable and scalable waste management solutions. This project’s success will not only benefit Europe but also contribute to global efforts to reduce environmental pollution through innovative waste management solutions.