Funding Details
- Awarder
- StartEngine
- Date Award
- June 15, 2022
- Vertical
- Recycling
- Funding URL
- View Funding Page
- Valuation
-
$14,770,000
Company Info
- Founding Year
- 2014
- Traction
- Funding in the tire recycling industry has grown, with interest from US and global companies. The company has proven the viability of its production process at the lab scale and is scaling up to full commercial capabilities.
- Organizations Involved
- None
- Founders
- Mendel Bassman, Lacramioara Schulte auf'm Erley
- Company Description
- At Smart Tire Recycling, we developed an innovative and sustainable chemical process to recycle used tires into raw materials with valuable applications across a broad range of industries. We solved the major scrap tire pollution problem while providing manufacturers who use carbon black with an environmentally friendly source for their materials.
- Market
- Tire Recycling
- Location
-
Pittsburgh,
PA,
US
- Coinvestors
- None
Links