Trinity Capital, an alternative asset manager, committed equipment financing to Sortera Technologies, a material sorting company with an upcycling platform powered by artificial intelligence, data analytics and advanced sensors.
“Sortera is transforming the way metal recycling supports domestic manufacturing,” Ryan Little, senior managing director of equipment finance at Trinity Capital, said. “Their AI-driven technology not only delivers high-quality alloys at a lower cost but also advances sustainability by reducing waste and extending the life of high-demand industrial materials. We are excited to partner with the Sortera team during this stage of growth.”
Curt Sacks, chief financial officer of Sortera Technologies, added, “Sortera has established itself as a key player in the $1 trillion metals and recycling markets, fundamentally changing the U.S. landscape with our cutting-edge AI technology. We see tremendous opportunity ahead. Strategic partnerships, such as relationships with Trinity, will be instrumental in our next phase of accelerated growth, as we expand our national footprint with more sortation facilities to serve diverse industries.”
