SUEZ
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Renault Group and Suez join forces to fast-track circularity in Europe’s automotive sector
Renault Group and SUEZ step up their long-term partnership, which encompasses recycling waste metal and recovering end-of-life vehicles, with strategic agreements aimed at supporting the ecological transition in the automotive sector. Together, Renault Group and SUEZ, a world leader in waste recycling and recovery, will put The Future Is NEUTRAL in a position to speed up its expansion and rank among the standard-setters in the automotive industry’s circular economy.
Renault Group and SUEZ are pooling their technical expertise and industrial capabilities within The Future Is NEUTRAL, to build the new value chain in the car-to-car circular economy. Their goal is to work with the various players in the sector to lessen their impact on natural resources, stay ahead of developments in regulation and provide new sources of recycled materials and parts. Together, both groups will develop the following key activities: design for recycling, reverse logistics, vehicle waste management and closed-loop car-to-car recycling.
Subeca Raises $6M Series A to Scale Deployment of Low-Cost, Easy-to-Use Water Technology
Subeca, an innovative internet of things (IoT) startup that provides low cost and easy to use water technology, raised $6M in Series A funding. The Series A was led by SUEZ, a global leader in digital and circular solutions in waste and water services, with participation from Amazon’s Climate Pledge Fund, Amazon’s sustainability focused corporate venture fund, and Burnt Island Ventures, a leading water sector-focused venture investor.
“The funding will allow Subeca to rapidly scale to meet market demand for our flagship AMI solutions, particularly in small to medium sized utilities and companies that have been underserved by incumbents,” said Patrick Keaney, Chief Executive Officer of Subeca. Subeca’s differentiated end-to-end IoT offerings provide simple, easy-to-deploy options for the more than 40,000 utilities and businesses in the US that have been locked out of the benefits of advanced metering and sensing technology due to the cost and complexity of legacy technology solutions.