AAA Daily Deal Round Up: January 4, 2023

Daily Deal Round Up: January 4, 2023

plastic recycling
plastic recycling

M&A

Cox Enterprises aqcuired US-based plastics recycling technology developer Nexus Circular for $150m. Nexus had raised undisclosed amounts from sustainable packaging producer Printpack in January 2022 and polyolefin provider Braskem the following month.

Funding

CompanyCompany descriptionSectorCountryRoundRound size($m)Deal dateInvestors
Lumotive Beam steering chip developerITUSN/A13 (updated)03/01/2023Samsung (Samsung Ventures) (lead), USAA, UEM Group (Uniquest Infra Ventures), Himax Technologies; Quan Funds, MetaVC Partners, Bill Gates
AliciaFreelancer-focused insurance providerFinancialNetherlandsSeed7.404/01/2023Achmea (Achmea Innovation Fund), Randstad (Randstad Innovation Fund); Volta Ventures
BarajaAutmotive lidar technology developerTransportAustraliaN/AN/A03/01/2023Veoneer
Giga StorageEnergy storage project developerEnergy and Natural ResourcesNetherlandsN/AN/A03/01/2023Rabobank (Rabo Investments)

By Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.