SG Digest: Blue Planet buys UK e-waste firm; Diamond marketplace Luxiee fundraise

Photo courtesy of Luxiee

Blue Planet has acquired UK-based e-waste tech firm Smart Creative Technologies while diamond marketplace Luxiee has raised six-figure funding from Redbull Logistics vice-chairman.

Blue Planet acquires British e-waste firm Smart Creative

Blue Planet Environmental Solutions Pte. Ltd, Singapore-based integrated waste management company, has acquired British electronic waste technology firm Smart Creative Technologies Ltd for an undisclosed sum, according to an announcement.

With this acquisition, Blue Planet has expanded its technological capability and will be able to provide a sustainable solution to handle e-waste, which is currently the fastest growing waste stream in the world.

“Blue Planet’s foray into the e-waste market is another step towards its aspiration to develop scalable technologies across a wide variety of waste streams that can be customized based on local requirements in the region,” the company said in the statement.

Blue Planet Environmental Solutions has assembled a team of experts to lead its growth and has strategically acquired solutions which enable it to provide the collection, transportation, segregation, processing, and treatment of waste.

Meanwhile,  Liverpool-headquartered Smart Creative Technologies has developed a proprietary, innovative method to extract resources that have traditionally been lost in inefficient, inherently toxic and outdated processing methods.

Luxiee raises seed funding led by Redbull Logistics vice-chairman

Luxiee, a diamond marketplace, has raised a six-figure seed funding round led by Kewee Kho, vice-chairman, Redbull Logistics, the company said in a statement.

Luxiee offers Gemological Institute of America-certified diamonds, connecting consumers to their direct suppliers.  The platform also shows suppliers of the diamonds and where it was sourced.

The funding proceeds will be allocated for marketing, public relations, branding, and to develop its team.