B

BinVision

closed

Smart waste bin IoT platform for municipal waste optimization

Deal Size

$6.5M

Stage

Seed

Sector

Waste Management Technology

Location

Toronto, Canada

Announced: March 1, 2026

Deal Overview

BinVision deploys AI-enabled sensors on commercial and municipal waste bins that monitor fill levels, contamination rates, and waste composition in real-time. Their platform optimizes collection routes, reducing fleet miles by 35% and improving recycling contamination rates. Currently deployed across 14 cities in North America with over 85,000 connected bins.

Key Highlights

  • ✓85,000+ connected bins across 14 cities
  • ✓35% reduction in collection fleet miles
  • ✓Real-time contamination detection
  • ✓$2.1M ARR growing 180% YoY

Founders

  • Alex Kowalski
  • Deepa Nair

Investors

  • WasteVC
  • Real Ventures
  • MaRS IAF

Interested in Similar Deals?

WasteVC invests from Seed to Series B in waste management and circular economy startups.

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