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black-bear-secures-e5m-funding-to-scale-up-its-unique-technology
black-bear-secures-e5m-funding-to-scale-up-its-unique-technology

Black Bear secures €5m funding to scale up its unique technology

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The company behind a unique carbonisation process to transform used tires into recovered Carbon Black (rCB) has secured an additional €5m worth of funding to help scale up the technology.

Clean tech company Black Bear has received the funding from Capricorn Venture Partners and independent venture capital firm Particorn, who join an earlier €11m growth financing round.

Dutch company to combat global waste tire problem and slash CO2

The Dutch company operates an industrial-scale prototype plant in partnership with Kargro, one of Europe’s foremost recyclers of tires. The plant, located in Nederweert, the Netherlands, is capable of processing more than one million tires annually.

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