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Entrepreneur of 2021: Matanya Horowitz

Cobiz Ceo Year 202118028
Photos by Jeff Nelson

Matanya Horowitz | Founder and CEO, AMP Robotics | Louisville

The U.S. recycles just 33% of its waste. That creates greenhouse gases from extraction of virgin materials as well as emissions from landfills. Matanya Horowitz, founder and CEO of AMP Robotics in Louisville, aims to change that with robots.

“Ever since I was a small kid, I was always interested in robots and what makes these things think,” says Horowitz, 33. “I really liked Saturday morning cartoons–‘Transformers’ and ‘Voltron’ were the ones I was into.”

While working on his Ph.D. at California Institute of Technology, he became aware of deep learning, by which artificial intelligence (AI) can learn from unstructured data in an unsupervised manner. “I thought it was going to be transformational technology,” he says. “I learned the tools and looked for different places where I thought it could be useful. I really found that in the recycling world.”

Sorting recyclables emerged as a target for automation largely due to the manual nature of the task and the perception of it as “an unpleasant job,” Horowitz says.

A visit to the sorting facility at the massive Puente Hills landfill in Los Angeles cemented his vision. “It is a mountain,” Horowitz says of the 500-foot-tall landfill that was the nation’s largest before it closed in 2014.

Inconsistent material stymied previous automated sorting systems. “Automation has been held back by the inconsistency of material we put in the recycling bin. Every piece is smashed or dirty in some unique way. It was hard to create a computer system that could identify that stuff,” Horowitz says. “What was missing was a vision system.”

“Entrepreneurialism is ultimately defined by perspiration over inspiration.” – Matanya Horowitz

Cobiz Ceo Year 202118115

Horowitz, who grew up in Colorado, returned to start AMP Robotics in 2014. The company leveraged AI and deep learning to build that missing link at a price point the market could afford: the AMP Cortex robotics system.

“There is value in all of these commodities, but the problem is the cost of extraction … often rivals the value of that material. But if you’re able to bring the cost of sorting down, then recycling starts to become a fantastic business.”

AMP gained traction in 2020 as it has deployed more than 100 sorting robots to roughly 50 companies to date; the company also started selling its AMP Neuron vision system as a standalone product earlier this year.

Now with more than 120 employees – a number that roughly doubled after the company closed on a $55 million Series B financing round in late 2020 – the company is expanding into Europe as it sees existing customers investing heavily in automation. “We’re growing quickly,” Horowitz says. “We have happy customers and repeat customers, small businesses that run facilities as well as national accounts.”

Horowitz says entrepreneurialism is ultimately defined by perspiration over inspiration. “A lot of it’s really hard,” he says. “You just have to be willing to put in a lot of hours and a lot of hard work. A lot of new technology doesn’t work very well. At our first customer, a facility in Denver, I was there just about every day to fix that first robot and get it working.”

Colorado’s tech scene “has only become bigger and stronger,” Horowitz notes. “The thing that really accelerates these tech communities is successful outcomes for people who then want to reinvest that in the community, reinvest their time, and bring that know-how back into the ecosystem.”


This article is part of ColoradoBiz Magazine’s annual Entrepreneur of the Year feature. Read more about this year’s finalists:
TIMERI TOLNAY | ROBIN MCINTOSH | AARON YOUNG| JONI KLIPPERT | SHI-LONG LU | CHRIS MOTLEY | BOB HALL

Mario Ciabarra’s latest venture is improving the internet

Mario Ciabarra | Founder & CEO, Quantum Metric | Monument/Colorado Springs/Denver

“Ever since I was a kid, you could have singled me out as the entrepreneur in the group,” says Ciabarra, 42. “My father was an immigrant from Italy, and I think there’s a strong correlation with immigrant children starting startups.”

After working for PriceWaterhouseCoopers, he indulged his entrepreneurial inclinations. “Any good entrepreneur — or any good human, any person — is always looking for ways to solve problems they face on any given day,” Ciabarra says. “Some of us wonder why it hasn’t been solved by somebody else, and some of us decide to go take action on our own.”

It follows that Ciabarra launched his first startup, a server-management company called DevStream, after moving to Colorado in 2003. A hectic 11 months later, he sold his one-person company, then traveled the world with his wife for six months and came back to Monument with early retirement in mind.

But it didn’t take. Ciabarra instead followed his passion for iPhone apps with two more successful startups. The experience led him to launch Quantum Metric in 2015. “I had this pain point: I couldn’t understand what customers were doing. I couldn’t understand their frustrations. I couldn’t understand how to make a better product.”

The rest of the internet obviously had the same problem. The company’s platform took off almost immediately with customers ranging from Lululemon to Western Union. Quantum Metric is now experiencing “a hockey stick moment” with more than 300% revenue growth in 2019 and a jump to 170 employees from 50.

The crux of the success is aligning development with customer experience. “What Quantum does is help them create better digital products faster by aligning their teams,” Ciabarra says. “There’s a new methodology brewing because of the work we do with them.”


This article is part of ColoradoBiz Magazine’s annual Entrepreneur of the Year feature. Read more about this year’s winner, Katica Roy, and the other finalists:
JEFF WOODWARD & ERIC LAMBERT | KAREN HERTZJOSH FREED 

Karen Hertz is taking the gluten out of beer

Karen Hertz | Founder and CEO, Holidaily Brewing Co. | Golden

Karen Hertz launched Holidaily in early 2016 to craft gluten-free beers with millet and buckwheat instead of barley and wheat.

After surviving cancer a decade ago, she removed gluten from her diet as part of her treatment plan. Gluten-free beer “was a need for me,” she says. “I was thinking there had to be other people who wanted to do a bike ride and have a beer but can’t, because they’re gluten-free. So far, I’ve been right.”

Initial annual production of 257 barrels jumped to 2,000 in 2019 as the distribution map increased to span 1,000 outlets and the employee count eclipsed 20.

“There are 8,000 breweries in the U.S., and only 15 are dedicated-gluten free,” says Hertz, 42. “Eight of those are in either Portland or Seattle. What that means is there’s a lot of open space, and we’re trying to get beer out to fill those gaps.”

The strategy is paying off. “We are the biggest one in the country,” she says.

It’s all about filling a market need. “[Beer] is such a big part of social life,” Hertz adds, noting an unexpectedly high “level of emotion” from patrons. “When you’re gluten-free, you feel left out or you feel high-maintenance. When people come in here, they’re in tears, they’re hugging me, they’re hugging the brewer. It’s just a really deep impact for people.”

To meet demand, Holidaily opened a 10,000-square-foot production facility across from its tasting room in Golden last year. And as the brewery moves into other states (starting with Arizona in 2020), the forecast is rosy: Hertz projects 5,000 barrels in 2020. “We’re just getting started,” she says.


This article is part of ColoradoBiz Magazine’s annual Entrepreneur of the Year feature. Read more about this year’s winner, Katica Roy, and the other finalists:
JEFF WOODWARD & ERIC LAMBERT | MARIO CIABARRA
JOSH FREED