TreadCycle

Raising $7MM in equity for $22MM innovative waterjet recycling project focused on 100% reuse of tire rubber.

Transforming old tires into new products using innovative waterjet technology. From $0-$740K in annual revenue in 3 years in traditional car/light truck recycling and manufacturing of rubber mulch, recycled steel, and tire-derived aggregate.  We have recently licensed the high pressure waterjet technology that will allow us to accelerate growth with an additional $8MM+ in revenue within 18 months with guaranteed Offtake agreement for manufactured product. Raising $7MM in equity and $15MM in equipment financing.  Proven technology in Europe (10+ years) with the exclusive opportunity to build a first of its kind recycling facility in North America.   End product is used to replace virgin materials in new tire manufacturing.  This technology focuses on OTR (off the road) tires, tracks, and conveyor belts.  Existing recycling of car and light truck tires will continue with addition of R and D focused on waste to energy for materials.  Additional expansion opportunity to add additional production.  Distribution agreement signed with the North American division of one of the world's largest chemical compounders.   Financial model and pitch deck available upon request.  Convertible notes will be issued for investment.  Our current customers include several local municipalities, tire shops, and auto dealerships.  With the additional technology, our customers will include large scale mining and agriculture companies.  Our team consists of individuals with significant experience in  manufacturing operators, engineering, law, finance and sales.  

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