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CIRCTEC raises €150 million led by Novo Holdings and A.P. Moller Holding to build Europe's largest end-of-life tyre pyrolysis recycling facility

PRIVATEMay 21, 2024

Amount Raised

€150 Million

Round Type

Funding Round

CopenhagenManufacturingRenewable Energy

Investors

A.P. Moller HoldingNovo Holdings

Description

CIRCTEC, a leader in pyrolysis for sustainable end-of-life tyre recycling, has raised €150 million in a financing round led by Novo Holdings and A.P. Moller Holding. The funding will be used to construct Europe's largest end-of-life tyre pyrolysis recycling facility in Delfzijl, the Netherlands, to tackle approximately 5% of the 3.6 million tons of end-of-life tyres generated in Europe annually.

Quick answer

CIRCTEC raised €150 Million in a Funding Round round, dated May 21, 2024. Investors: A.P. Moller Holding and Novo Holdings. CIRCTEC is based in Copenhagen, Capital Region Of Denmark, Denmark.

How much did CIRCTEC raise?
CIRCTEC raised €150 Million in a Funding Round round on May 21, 2024.
Who invested in CIRCTEC?
A.P. Moller Holding and Novo Holdings are named as investors in this round.
What does CIRCTEC do?
CIRCTEC stands as a pivotal partner in sustainability, utilizing advanced technology to transform end-of-life tyres into sustainable drop-in fuels and circular chemicals, aimed at reducing the environmental footprint of..
Where is CIRCTEC based and how big is it?
CIRCTEC is based in Copenhagen, Capital Region Of Denmark, Denmark.
Who are the decision-makers at CIRCTEC?
Fundz holds 1 contact at CIRCTEC. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Renewable Energy and Manufacturing around the same time

Companies in the same sectors as CIRCTEC that raised within 45 days of this round, from Fundz verified event records.

  • GlassPoint raised $2.7M on July 2, 2024.
  • GlassPoint raised $2.5M (Series A) on July 2, 2024.
  • Libattion raised $15M (Private Equity) on June 27, 2024.
  • Queens Carbon raised $15M (Seed) on June 26, 2024.
  • Neustark raised $69M (Funding Round) on June 25, 2024.
  • Aepnus Technology raised $8M (Seed) on June 14, 2024.

Who to call at CIRCTEC, and when

A new round usually means CIRCTEC is about to hire and buy. The teams that reach out first get the meeting.

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  • The decision-makers there, with verified emails
  • Who you already know at CIRCTEC, from your own LinkedIn network

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Company Information

Company

CIRCTEC

Location

Copenhagen, Capital Region Of Denmark, Denmark

About

CIRCTEC stands as a pivotal partner in sustainability, utilizing advanced technology to transform end-of-life tyres into sustainable drop-in fuels and circular chemicals, aimed at reducing the environmental footprint of industries seeking circular solutions.

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Related People

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CIRCTEC raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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