USA – Nexus Circular, an Atlanta, GA-based recycling company, raised $150M in Equity funding.
The round was led by Cox Enterprises.The company intends to use the funds to accelerate the expansion of its recycling process.Led by CEO Jodie Morgan, and Jeff Gold, COO, Nexus Circular is a recycling company at the center of the plastics circular economy. Using its proprietary solution, Nexus works with recycling organizations to capture used plastics, especially hard-to-recycle films, from landfills and has already diverted millions of pounds of plastics. By leveraging efficient technology, operations that scale, and people, its proprietary technology and process design converts used plastics into clean, ISCC Plus certified circular products for global companies who convert them to virgin-equivalent plastics to meet their recycled content goals. 04/01/2023
