What is LD Carbon?
Founded in 2017, LD Carbon has established itself as a global leader in the resource recovery industry. The company operates at the intersection of environmental engineering and chemical manufacturing, utilizing proprietary technology to process waste tires into sustainable chemical products. By diverting waste from landfills and reducing CO2 emissions, the firm provides a scalable solution to the environmental challenges posed by the automotive and industrial sectors. Its market position is defined by its commitment to a circular economy, where waste is treated as a valuable raw material rather than a liability, thereby supporting the decarbonization goals of its enterprise-level partners.
How much funding has LD Carbon raised?
LD Carbon has raised a total of $28M across 1 funding round:
Series C
$28M
Series C (2024): $28M with participation from Woven Capital, Meritz Securities, and Industrial Bank of Korea
Key Investors in LD Carbon
Woven Capital
Woven Capital is an $800 million global investment fund that targets growth-stage companies operating in technology and innovation related to mobility, serving as the corporate venture capital arm of Toyota Motor Corporation.
Meritz Securities
Meritz Securities is a prominent South Korean financial institution providing comprehensive investment banking, asset management, and corporate finance services to support large-scale industrial growth.
Industrial Bank of Korea
Industrial Bank of Korea is a leading financial institution specializing in providing strategic loans and banking solutions to small and midsized enterprises, with a strong focus on supporting industrial innovation.
What's next for LD Carbon?
With the infusion of this latest capital, LD Carbon is poised to scale its production capacity and enhance its technological infrastructure to meet the rising demand for sustainable chemical alternatives. The strategic focus will likely center on expanding its manufacturing footprint and deepening its integration into the global automotive supply chain. As the industry shifts toward more stringent environmental, social, and governance (ESG) standards, LD Carbon is well-positioned to leverage its expertise in resource recovery to capture significant market share. The company's roadmap suggests a transition from a specialized recycler to a foundational supplier of sustainable chemical feedstocks, further solidifying its role in the global transition toward a low-carbon economy.
See full LD Carbon company page
