What is PRTI?
Founded in 2013, PRTI is at the forefront of addressing the global challenge of waste tires. The company employs a technology-focused approach to convert these discarded materials into valuable commodities, generating revenue and energy through a zero-waste process. PRTI's innovative model aims to revolutionize tire recycling, positioning it as a key player in the green technology and circular economy sectors. The company's commitment to sustainability and resource recovery is central to its operational philosophy.
How much funding has PRTI raised?
PRTI has raised a total of $7.9M across 3 funding rounds:
Private Equity
$3.7M
Private Equity
$3.8M
Debt
$350K
Private Equity (2017): $3.7M, investors not publicly disclosed
Private Equity (2017): $3.8M, investors not publicly disclosed
Debt (2020): $350K supported by PPP
Key Investors in PRTI
PPP
Public-Private Partnership
What's next for PRTI?
The recent major strategic investment signals a pivotal growth phase for PRTI. This capital infusion is expected to accelerate the scaling of its proprietary waste tire processing technology and expand its operational footprint. With a focus on revenue generation and energy production from recycled tires, PRTI is poised to enhance its market leadership. Future developments will likely involve further technological advancements and strategic partnerships to maximize the value derived from waste tires, reinforcing its commitment to a sustainable, zero-waste future.
See full PRTI company page
