Today’s newsletter sponsor: Refurbr

Refurbr is the operating platform for technology refurbishment, taking refurb and ITAD businesses from spreadsheets to total operational control — with inventory, buybacks, sales channels, warehousing and finance in one place.

Purpose-built for tech refurbishment, with IMEI-level tracking, marginal & reverse VAT handling and automated order syncing across all your channels, including Back Market, Refurbed, eBay and Amazon Renewed.

Industry News

Collaborations and Partnerships:

Amazon, Google, Meta and Microsoft back a new initiative focused on scaling cleantech solutions within data centres. The programme will accelerate investment, testing and deployment of technologies spanning energy storage, industrial cooling, advanced electrical systems and low-carbon materials. Read more.

Vestiaire Collective partners with Zalando to expand pre-owned fashion resale across Europe. The collaboration will integrate Vestiaire Collective’s second-hand fashion offering into Zalando’s platform to meet growing demand for circular retail and resale models. Read more.

The Royal Mint partners with HMP Cardiff to support prisoner rehabilitation and domestic precious metals recovery. The initiative will create employment pathways for prisoners while increasing recovery of gold and other valuable materials from electronic waste processed within the UK. Read more.

Company Updates:

Foxway reports strong first quarter growth with improved profitability. The circular technology provider highlighted strong performance across its Recommerce C&E and Circular Workspace Solutions divisions, alongside continued investment into refurbishment capacity and wider growth initiatives. Read more.

Returnity launches a reusable packaging pilot targeting rising cardboard costs across B2B logistics. The programme is designed to help retailers and distributors transition towards closed-loop shipping systems through reusable transit packaging and reverse logistics workflows. Read more.

Lithium Universe acquires e-waste extraction technology targeting gold and copper recovery from discarded electronics. The technology is designed to support more efficient recovery of high-value metals from electronic waste streams as interest grows around urban mining and domestic critical minerals infrastructure. Read more.

SUEZ secures Milton Keynes’ new waste and recycling contract with plans for new circular economy infrastructure. The agreement includes the development of two new facilities focused on reuse and recycling as part of the city’s wider long-term resource management strategy. Read more.

All Things Circular explores the commercial case for circularity in its latest episode. Peter C. Evans, Victoria D’Arcy and David Watson discuss how reverse logistics, ITAD, resale and circular supply chains are increasingly becoming drivers of revenue growth, customer retention and competitive advantage. Listen now.

Regional Developments:

Europe could source half of its critical raw materials from waste streams by 2050, according to new research. The study highlights growing long-term potential for urban mining, battery recycling and material recovery infrastructure as Europe seeks to reduce dependence on imported critical raw materials. Read more.

Fashion and textile organisations across the EU, US and Canada call for stronger support for resale and repair models. The coalition is urging policymakers to introduce incentives designed to accelerate circular fashion infrastructure and long-term sector growth. Read more.

Investment News

M&A:

Ivy Technology acquires ISP Tek Services from Close the Loop. ISP Tek Services provides ITAD, refurbishment, resale and reverse logistics services across North America, with the acquisition strengthening Ivy’s lifecycle services capabilities while expanding its operational presence in Mexico. Read more.

Eurazeo acquires a majority stake in Danish ITAD provider T1A Group. The investment will support T1A’s expansion across key European markets, with ambitions to build a leading platform spanning ITAD, refurbishment and circular technology services. Read more.

Venture and Growth Capital:

Private equity investment into Europe’s waste sector reaches a five-year high. Analysis from S&P Global Market Intelligence highlights growing investor appetite for recycling, waste management and resource recovery businesses as circular economy infrastructure continues scaling across the region. Read more.

HSBC provides Circulate Capital with a new green loan facility. The revolving facility will support investments into packaging, recycling and materials recovery businesses across South and Southeast Asia, following the recent $220 million first close of Circulate Capital’s Asia Fund II. Read more.

Vistry secures Innovate UK funding to lead a circular housing project. The initiative will explore deconstruction, material reuse and embodied carbon reduction across the UK housing sector, with Vistry working alongside Reconomy and Reusefully to develop scalable circular construction frameworks for new build housing. Read more.

Borro raises €1.3 million to expand its reusable cup deposit platform across Europe. The Brussels-based business operates a digital deposit system enabling reusable packaging workflows across events, hospitality and food service environments through app-based tracking and return infrastructure. Read more.

The University of Manchester secures £1.3 million to develop molecular recycling technologies for complex waste streams. The funding will support research focused on recovering materials from products including batteries, vehicles and disposable vapes. Read more.

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Have a great weekend and we’ll see you again on Monday.

Cheers to circularity,

#TeamCircularConnect #ConnectingTheCircularEconomy

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