Reklaim Technologies, Inc. Obtains $2,863,000 New Financing

  • Feed Type
  • Date
    3/31/2008
  • Company Name
    Reklaim Technologies, Inc.
  • Mailing Address
    2010 156th Avenue NE Bellevue, WA 98007
  • Company Description
    The current method of disposing of a tire wastes valuable energy, resources, and pollutes the environment. Tires take centuries to decompose in a landfill. Burning them releases harmful greenhouse gases into the atmosphere. Many are buried, stockpiled or illegally dumped creating eyesores and public health problems.

    Reklaim’s innovative solution not only makes those antiquated disposal methods obsolete, it provides additional value in terms of reclaimed materials, usable energy sources, and healthier communities. We are not only eliminating a problem, we are putting valuable materials and energy back into the marketplace.

  • Website
    http://www.reklaim.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $2,863,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Goldman Sachs

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