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Carbolytic Materials

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Carbolytic Materials manufactures carbon black alternative products from scrap tires

Hudson, United StatesFounded 2006
Valuation $50–100M Last recorded · 2008
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Carbolytic Materials

Carbolytic Materials Company operated in the waste-to-energy sector, focusing on converting scrap automotive tires into commercially viable products. The company's primary process was pyrolysis, a method that involves heating shredded tire material to approximately 1,200 degrees Fahrenheit in a low-oxygen environment. This process was designed to break down the tires into carbon black, syngas, and lubricant-grade oil.

The main output, a form of carbon black, is a reinforcing and coloring agent used in a wide array of rubber and plastic goods. Additionally, the company aimed to market the recovered steel from the tires and utilize the produced syngas to generate electricity, potentially powering its own facility and providing excess energy to the local grid.

The company was housed in a plant in Maryville, which experienced a difficult three-year period that included an oil spill and two fires, ultimately leading to bankruptcy and closure in 2012. The facility and its operational concept were later taken over and refitted by Bolder Industries, which continues a similar, albeit refined, process of tire pyrolysis.

Source: Dealroom company data

At a glance

Status
Closed
Founded
2006
Headquarters
Hudson, United States
Employees
1
Open positions
None listed
Dealroom signal
0.0/100

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
DEBTDebt Oct 2012 $0 — Advantage Capital —
DEBTDebt Jun 2011 $12M — Advantage Capital —
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Investments and acquisitions

Capital deployed

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Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

  • Advantage Capital
Employees 1 total headcount
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Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

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Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Hudson HQ
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Market sentiment

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