Tech Company Financing Transactions
Circtec Funding Round
Circtec, based in London, secured $162 million in investment from A.P. Moller Holding, Novo Holdings and private investors.
Transaction Overview
Company Name
Announced On
5/21/2024
Transaction Type
Venture Equity
Amount
$162,000,000
Round
Undisclosed
Investors
A.P. Moller Holding (Lead Investor)
Novo Holdings (Lead Investor)
Proceeds Purpose
The funding enables the company to construct a large end-of-life tyre pyrolysis recycling facility in Delfzijl, the Netherlands.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
85 Great Portland Street, 1st Floor
London, W1W 7LT
UK
London, W1W 7LT
UK
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
CIRCTEC produces sustainable drop-in fuels and circular chemicals from the vast amount of end-of-life tyres that are disposed of every year. For example, we extract carbon black, a fossil fuel based chemical that is present in almost every black product in our lives, and we create a recycled substitute.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Allen Timpany
Co-Founder
Robert Harper
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We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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