Last deal

Amount

Equity Crowdfunding

Stage

17.10.2014

Date

2

all rounds

$2.1M

Total amount

General

About Company
W2F recycles crumb rubber from scrap tires to produce viable fuels using thermo catalytic pyrolysis.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2012

Number of employees

Company Type

For Profit

Last funding type

Equity Crowdfunding

IPO status

Private

Description

W2F has conducted extensive research on current technology and the scrap tire recycling industry, and has secured a licensing agreement with the inventors of the technology. They are now seeking funding to optimize the catalyst for crumb rubber and design a scaled refinery for operations. With preliminary commitment from a VC group, W2F aims to acquire a refinery and begin initial production. The company's proprietary process yields alternative and renewable fuel types, such as LP Gas, Diesel, or Jet A fuel, as well as carbon black, using existing crumb rubber supplies. This approach not only addresses the scrap tire problem but also offers a sustainable solution for the scrap tire recycling market.