From Slush to sustainable materials: Ambio raises €5.1M for AI-powered plastics procurement

Helsinki-based startup Ambio has raised a €5.1 million seed round led by b2venture , with participation from Montis and existing investor Lifeline Ventures , to bring greater trust, reliability, and speed to recycled plastics procurement. Founded in February 2023 by two former Slush team members, Ambio is developing an AI-powered, end-to-end procurement platform that makes recycled plastics easier to source, assess, and trade, covering the entire purchasing cycle from material discovery and samp