Lehigh Technologies
Latest round
- Series F
Last raised
- Aug 2012
Total raised
- $24M
Investors
- 4
About Lehigh Technologies
Lehigh Technologies, Inc.Founded in 2003, Lehigh Technologies, Inc. operates out of Tucker, US, producing advanced materials for diverse industries. In October 2017, Michelin North America, Inc. acquired the company for an undisclosed amount.Lehigh Technologies specializes in the production of micronized rubber powders (MRPs), which serve as versatile raw materials designed to replace traditional oil- and rubber-based feedstocks across various applications. Their core offerings involve high-quality MRPs engineered to deliver enhanced performance and sustainability in sectors such as tires, plastics, asphalt, and construction materials. The company collaborates with leading manufacturers, including major tire companies and firms in the construction and automotive industries, to formulate tailored MRP solutions that meet specific performance requirements. Lehigh’s products are sold in diverse geographical markets, including North America, Europe, and Asia, addressing the needs of customers focused on innovation and environmental sustainability.Lehigh Technologies operates on a B2B transaction model, primarily engaging with large manufacturers and industrial clients across its core markets. The company's revenue is generated through direct sales agreements, where clients purchase MRPs for integration into their product lines, including tires and construction materials. Transactions may include long-term supply contracts facilitating ongoing partnerships, thereby ensuring a steady flow of materials to clients. The structure of these agreements typically includes bulk pricing based on volume commitments, with specific terms negotiated to reflect the tailored nature of the products.10 mn from its latest deal in October 2017 to enhance its product development efforts and expand its market reach. The company is focusing on launching new MRP products tailored to different industrial applications in the coming years. Additionally, it aims to penetrate new markets, particularly in Asia and Europe, to meet the growing demand for sustainable materials. These initiatives are part of Lehigh’s strategy to strengthen its position in the global market and promote the circular economy.
Who invested in Lehigh Technologies
4 investors across 2 rounds
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Questions about Lehigh Technologies
Who invested in Lehigh Technologies?
Lehigh Technologies has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Lehigh Technologies raised?
Lehigh Technologies has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Lehigh Technologies last raise money?
Lehigh Technologies's most recent round on record is a Series F, in Aug 2012.
What does Lehigh Technologies do?
Lehigh Technologies is a materials company.
Where is Lehigh Technologies headquartered?
Lehigh Technologies is headquartered in Tucker, US.
Which VCs invest in companies like Lehigh Technologies?
Among active investors with capital left to deploy, Kimmeridge, GEF Capital Partners, S2G Ventures and EnCap Investments back materials companies at Lehigh Technologies's stage. Their profiles are linked below.
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