Tech Company Financing Transactions
RISORCE Funding Round
RISORCE secured a $13.3 million venture capital round on 9/18/2023. Investors included Green.er, Noshaq and private investors.
Transaction Overview
Company Name
Announced On
9/18/2023
Transaction Type
Venture Equity
Amount
$13,280,000
Round
Undisclosed
Investors
Proceeds Purpose
The RISORCE plant will use a pyrolysis process to treat end-of-life tyres. While the methodology is not necessarily new, the application to the recycling of tyre granulates is in its infancy.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
Avenue John Kennedy 50
Rixensart, 1330
BE
Rixensart, 1330
BE
Phone
Email Address
Overview
RISORCE (Renewable, Innovative Solutions towards Recycling & Circular Economy) offers solutions to recycle waste tyres shreds through their transformation in valuable products for both Belgian and International markets. This happens in a non-catalytic pyrolysis process, without adding any chemicals.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Bernard Wouwer
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