Novelis

Novelis is the leading producer of flat-rolled aluminum products and the world's largest recycler of aluminum, operating an integrated network of advanced rolling and recycling facilities across North America, South America, Europe, and Asia. The company specializes in producing aluminum sheet, plate, and light gauge products for various markets, including beverage and food packaging, automotive, transportation, aerospace, electronics, architecture, and industrial applications. With a strong commitment to sustainability, Novelis focuses on expanding the use of lightweight, infinitely recyclable aluminum, enabling its customers to meet their environmental goals while offering consumers eco-friendly products. The company's operations are strategically segmented across key markets, with North America being its primary revenue-generating region, supported by its extensive global manufacturing and recycling capabilities.

Derek Prichett

Senior Vice President, Corporate Development

5 past transactions

DTE ehf

Series A in 2023
DTE introduces breakthrough real-time process control analytics for metals production and processing towards Industry 4.0, through our robotic hardware and software solutions, automating current manual sampling processes for improved quality, cost, efficiency and safety.

Multiscale Technologies

Venture Round in 2022
Multiscale Technologies offers an AI platform designed to accelerate research and development and the discovery of new materials. The platform digitizes diverse data sources—including tabular data, PDFs, and simulations—and uses a proprietary knowledge fusion approach to connect experiments, simulations, and materials-domain expertise. It delivers predictive analyses and recommendations for manufacturing companies involved in R&D for new materials. Described as a no-code platform, it enables creation of high-fidelity models that drive innovation across research domains by linking experiments, simulations, and domain know-how through data-driven fusion.

Sortera Technologies

Venture Round in 2022
Sortera Alloys manufactures low-cost, high-quality metal alloys for domestic manufacturing using its artificial intelligence technology. Sortera Alloys is a company based in Fort Wayne, Indiana, and was established in 2020.

Addionics

Series A in 2022
Founded in 2017 with offices in London and Tel-Aviv, Addionics designs and develops advanced rechargeable batteries for electronic vehicles. The company specializes in improving battery performance through intelligent 3D architecture redesign, aiming to increase energy density, reduce charging times, and enhance safety.

Aleris

Acquisition in 2018
Aleris Corporation, a subsidiary of Novelis Inc., is a global manufacturer and supplier of aluminum rolled products. It operates through three segments: North America, Europe, and Asia Pacific, with approximately 14 facilities worldwide. Aleris produces a wide array of aluminum products, including rolled aluminum, coated products, aerospace plates and sheets, and automotive parts, serving diverse industries such as aerospace, automotive, building and construction, transportation, packaging, and consumer goods. The company is committed to providing high-quality, customized, and sustainable aluminum solutions to its global customer base, with a focus on innovation and partnership.
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