# Greyparrot x Bollegraaf Group: partnership

Canonical ID: `004d3381-c869-412c-8a4d-0bae9304aebb`

Bollegraaf Group, the world's largest builder of recycling facilities, made a 2.8M strategic investment in Greyparrot and transferred its AI vision team (6 people) to the company. Greyparrot becomes the AI engine for all future Bollegraaf recycling plants. The deal includes a 50:50 split between cash investment and acqui-hire value.

- **Type:** investment
- **Status:** active
- **Verification posture:** verified

## Parties (2)

- [Greyparrot](https://registry.deploy.report/companies/greyparrot.md) technology provider
- Bollegraaf Group _(off-registry)_ investor partner

## Timeline

- **Announced:** 2024-02-07
- **Start:** 2024-02-07

## Sources (1)

1. https://techcrunch.com/2024/02/07/greyparrot-bollegraaf/


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