Sortera Raises $45M in Equity and Debt to Fund Second Aluminum‑sorting Plant

Why It Matters

By unlocking high‑purity aluminum recycling, Sortera can turn a largely untapped waste stream into a profitable supply for automakers seeking lightweight metal, boosting recycling rates and reducing the energy‑intensive production of primary aluminum.

Deal Summary

Sortera announced a $20 million equity raise and $25 million debt financing led by VXI Capital, with participation from Overlay Capital, Yamaha Motor Ventures and Trinity Capital. The capital will fund a replica plant in Tennessee slated for operation in spring 2026, expanding its AI‑driven aluminum sorting technology.