ESG Today writes that Virginia-based Molg is a startup founded three years ago and provides a circular approach to the electronic waste issue, employing specialized robots to autonomously dismantle complex electronic products. This includes, but is not limited to, laptops and servers, which contain valuable components that can be recycled or reused as they are.

Company officials say that the funding will be used to scale robotic micro-factories, while also increasing disassembly capacity to meet growing e-waste demand.

Molg cofounder and CEO Rob Lawson-Shanks said that "achieving true circularity requires a fundamental shift in the underlying systems that support demanufacturing. It starts with better design and is enabled by dynamic automation. This funding allows us to accelerate our work at both ends of a product’s life, designing for circularity from the start and recovering valuable devices, components and materials through automated disassembly."

Amazon Climate Pledge Fund, ABB Robotics & Automation Ventures participated in the 5.5 million USD funding round.

Sam LaPierre, Investor at Amazon’s Climate Pledge Fund, said that "efforts to improve hardware demanufacturing and material recovery, such as those developed by Molg, are promising technologies that can help advance the recycling and material recovery industries at scale."