Irish cleantech company Peregrine Technologies has today announced the creation of 20 new high-level roles over the next 12 months. The announcement comes as the Enterprise Ireland-backed company was recently approved for a total investment package of €17.7 million under the European Innovation Council (EIC) Accelerator.
The Limerick-headquartered company plan to use the funding to scale one of its divisions, FPD Recycling, an end-to-end AI-powered solution for the safe, sustainable and profitable recycling and depollution of flat panel displays (FPDs). The jobs announced today will be in the areas of marketing, finance and data science, AI and automation engineering.
Commenting on the announcement, Peregrine Technologies CEO, Paudy O’Brien said: “According to the UN, 54 million metric tonnes of electronic waste was generated in 2021. Our mission is to modernise the waste electrical and electronic equipment (WEEE) recycling industry with one goal in mind – that every flat screen in the world is seen a valuable commodity rather than a hazardous waste.”
“Our technology is developed, proven in the market and ready to scale globally. New customer wins in the US and Europe as well as our recent EIC Accelerator funding are driving our growth. The new cleantech high-level roles announced today will play a significant role as we scale internationally, update existing sites and develop additional technologies that drive the circular economy.”
“We are delighted to be in the 8% of companies to be funded under the EIC Accelerator. It’s a testament to our team and our vision. It also demonstrates the commercial nature of the Green Deal and the EU’s commitment to better recycling of WEEE, the fastest growing and most hazardous waste on the planet.”
Peregrine Technologies is currently offering investment opportunities through the Employment and Investment Incentive Scheme 2022 and the Green Bond.
Last month one of the largest IT lifecycle managers in the northeast region of the United States, eLoop LLC announced it will be the first electrical waste recycler in the United States to implement the company’s robotic FPD depollution machine, the FPD PRO®.
Visit https://fpdrecycling.com/about/ for more.