# Circtec: Chemicals, Terre Haute, United States

> Circtec: Circtec is a London-based technology company founded in 2009 that focuses on the circular economy by converting end-of-life tyres into sustainable...

Source: https://millionrounds.com/startup/circtec (Millionrounds; every figure on the page links to its filing or article)

United States · [Chemicals startup](https://millionrounds.com/companies)

# Circtec

Circtec is a London-based technology company founded in 2009 that focuses on the circular economy by converting end-of-life tyres into sustainable fuels and chemicals.

Email

Funding reported Last round: Undisclosed round

Chemicals Terre Haute, United States

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Company summary

- **Founded:** 2009 17 years old
- **Team:** 54 51 to 200 people
- **Funding reported:** $173M in dollars
- **Last round:** Undisclosed round May 2024

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Circtec has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Circtec

Circtec is a London-based technology company founded in 2009 that focuses on the circular economy by converting end-of-life tyres into sustainable fuels and chemicals.

Utilizing its proprietary CIFRTM pyrolysis technology, Circtec thermally decomposes tyres in an oxygen-free environment, producing renewable fuels and chemical feedstocks. The company operates two commercial demonstration plants in Poland and Germany, with a third plant under construction in the Netherlands. Circtec offers sustainable tyre recycling solutions and provides design, engineering, and research services to scale chemical recycling processes. Its product portfolio includes sustainable drop-in fuels, circular chemicals like naphtha, and recovered carbon black, which serves as a non-fossil alternative in various manufacturing sectors. The company primarily serves the chemical, petrochemical, oil, rubber, and plastic industries, positioning itself as a key supplier of renewable and circular products for global industrial partners.

## What company datasets say Circtec raised

Funding, as reported

Reported in all **$173M** in dollars

Rounds **2**

Last round **Undisclosed round**

Last round size **$83M**

Last round date **May 2024**

Investors listed **3**

## The company, in detail

What they build

Known for

industrial automation oil and gas pyrolysis technology clean energy & technology sustainable carbonaceous materials co2 emissions reduction emissions control manufacturing construction & real estate petrochemical pyrolysis renewable energy integration waste management sustainable manufacturing renewable fuels liquid chemicals

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- **Sector:** Chemicals
- **Industry code:** NAICS 32599, 324110, 562920, SIC 2899, 2911, 5093
- **Region:** Indiana
- **Revenue:** $5.6M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/circtec)

## Chemicals in United States

Startups like it

- [**Group14 Technologies** Woodinville · founded 2015 *Raised*](https://millionrounds.com/company/group14-technologies)
- [**Mstack** St. Petersburg · founded 2015 *Raised*](https://millionrounds.com/company/mstack)
- [**Mile High Labs** Loveland · founded 2016 *Raised*](https://millionrounds.com/company/mile-high-labs)
- [**NanoTech Materials** Houston · founded 2019 *Raised*](https://millionrounds.com/company/nanotech-materials)
- [**Light Polymers** Santa Clara · founded 2013 *Raised*](https://millionrounds.com/company/light-polymers)
- [**Trillium Renewable Chemicals** Knoxville · founded 2021 *Raised*](https://millionrounds.com/company/trillium-renewable-chemicals)
- [**Numat** Chicago · founded 2013 *Raised*](https://millionrounds.com/company/numat)
- [**Kebotix** Cambridge · founded 2017 *Raised*](https://millionrounds.com/company/kebotix)

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