Nexus ReGen Ltd., the UK’s leading digital platform for aggregate recycling, has successfully completed its first round of seed investment. The investment will enable the continued development of the Materials Exchange Platform (MEP) was underpinned by three angel investors, who have successfully built, grown and sold companies in the tech and sustainability space.

Will Rundle and Kobe Tonkin, Nexus ReGens’ founders, conceptualised a national database to link major infrastructure projects all the way through to residential developments as well as service operators, including hauliers and recycling facilities, to enable the sustainable reuse of soils and aggregates.

Nexus ReGen’s Materials Exchange Platform (MEP) is unique in its approach; harnessing technology to enable the construction industry to reuse and recycle soils and aggregates, therefore reducing reliance on landfill and depletion of natural resources. When compared to traditional methods Nexus ReGen’s model saves on average 26% of costs and has proved to be up to 93.5% more carbon efficient, paving the way to net zero.

Stephen Kirk is the lead investor in this round of seed funding. Stephen has grown and sold a successful technology test and certification business followed by building a $350 million technology business for UL (Underwriters Laboratories). He has been critical to the growth and success of numerous businesses in the tech, ESG and sustainability sectors in his roles as Business Advisor, Non-Executive Director and Angel Investor.

“The Nexus ReGen Founders have worked hard to lay the groundwork for the growth of the business. Will and Kobe have built relationships with many of the major players in the construction industry who are very excited about the potential for Nexus ReGen. The impact Nexus ReGen’s model will have on the environment is enormously positive, it will enable companies to develop a circular economy and work towards a net zero future.”– Stephen Kirk, SKCI & Nexus ReGen Lead Angel Investor.

“Nexus ReGen stands out as the only SaaS platform available in the UK, empowering users to view materials not just as waste, but as valuable resources. As we look ahead to 2024 and beyond, we are eager to witness the positive impact of Nexus ReGen on the construction industry.” – Will Rundle, Nexus ReGen Co-Founder.