This is my story – Lyra Techs

This month we interviewed Adrián Benavent, COO & CFO of one of our featured startups, Lyra Techs, a young and innovative company that develops and manufactures artificial vision solutions to improve plastic recycling processes, specialist in fragmented and small products.

What problem does your startup address and what solution does it propose?

Lyra Techs specialises in the development, manufacturing and marketing of machinery equipped with vision and artificial intelligence technology to address the fundamental challenge of plastics recycling: the precise separation of materials.

Our solution focuses on optimising this crucial process, allowing the efficient separation of different types of plastics for subsequent reuse or transformation. By using cutting-edge technology, we help improve the circular economy and plastic recycling processes, revaluing the mixtures, and increasing their profitability and quality.

Our equipment not only facilitates the separation of plastics, but also contributes to promoting more sustainable and efficient practices in waste management, thus promoting a positive impact on the environment and the recycling industry.

How and why did you start this entrepreneurial adventure? Any advice, fruit of your experience, that you want to communicate to future entrepreneurs?

We started Lyra Techs with the determination to address a solution that optimises the plastic recycling sector. We were committed to developing innovative technology that could make a significant difference.

Our 15 years of experience in artificial vision, within one of the most demanding sectors in the world, food, has taught us the importance of maintaining focus on solving real problems and persevering in the search for creative solutions, all of this while offering the personalised treatment that clients deserve.

For future entrepreneurs, we recommend that you stay steadfast in your vision, be open to learning from challenges, and seek strategic collaborations to drive growth and innovation in your companies.

How do you expect the sector to evolve? And, what expectations do you have regarding your startup?

We must try to make a plastic that was, for example, a toy, become a toy or a first-class plastic product again. Optical equipment in recycling is going to be fundamental along with other factors such as eco-design, political will and social awareness. Only in this way will we achieve a circular economy in the plastic sector.

We hope that the recycling sector will continue to evolve towards more sustainable and efficient practices, with greater adoption of advanced technologies like ours.

At Lyra Techs, we have ambitious expectations to establish ourselves as a leader in plastic flake sorting in the industry and to expand our global presence. We plan to develop new innovative solutions that address emerging challenges in recycling plastics and other types of materials, thereby contributing to progress towards a more circular and sustainable economy.

Any news in the near future that you want to share with the rest of the startups?

We are excited to announce that we will launch soon new developments that will allow us to identify and separate specific plastics, such as PP, PE, PVC and black plastics. These innovations will expand our capabilities through our expertise in vision and lighting, as well as wavelength manipulation. Our ability to master light is our distinctive mark in the sector, which allows us to offer unique and differentiated machinery.

We will be happy to answer any queries for more details on these innovations. We are committed to remaining leaders in technological innovation, providing advanced solutions that drive sustainability and efficiency in recycling.

In what areas would you like to collaborate with other startups, companies or other organisations?

We would like to collaborate closely with recycling companies to optimise processes and develop innovative solutions that drive environmental sustainability. In addition, we are interested in collaborating with industrial CLUSTERS and SCRAPS related to the recycling and plastic sector, where we can detect and solve problems, and exchange knowledge and experiences, as well as establish strategic alliances to promote the circular economy.

We also see a great opportunity to collaborate with UNIVERSITIES in research and development projects of new technologies and materials for recycling.

We believe that these collaborations will allow us to fully leverage our innovative potential and contribute significantly to the advancement of the recycling sector and the promotion of sustainable practices in the industry.