Nexus Circular Secures $150 Million to Accelerate Momentum of Advanced Recycling Solution for Plastics

Cox Enterprises, focused on building the worlds most innovative businesses in cleantech and environmental sustainability, led the round and will become the majority owner. These funds will support efforts to deliver on recycled-plastic commitments by accelerating the expansion of Nexus Circulars market-leading advanced recycling process. By leveraging efficient technology, operations that scale, and people that deliver, Nexus Circulars proprietary technology and leading process design converts used plastics into clean high-quality, ISCC Plus certified circular products for global companies who convert them to virgin-equivalent plastics to meet their recycled content goals. Nexus believes it is on a trajectory to convert billions of pounds of hard-to-recycle plastics into circular materials to support their global partners 2025-2030 sustainability commitments. Cox is a leader in the broadband, automotive and media industries, while strategically investing in emerging technologies driving the future of cleantech, health care, and public sector services.