# Prism Worldwide

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/prism-worldwide

- Industry: Materials
- Headquarters: Kirkland, US
- Website: www.prismww.com
- Total disclosed funding: $40M
- Latest round: Series A (Nov 19, 2024)
- Investors on record: 1

## About

Based in Washington, US, and founded in 2019, Prism Worldwide LLC operates as a clean technology company that manufactures circular polymer from the tire and recycled plastic material for polymeric and elastomeric applications. In November 2024, Prism Worldwide LLC raised USD 40 million in series A funding co-led by new investor Columbia Pacific Advisors and an individual investor. Another individual investor also participated in the round. Prism Worldwide LLC's product offering includes Prism Worldwide LLC, PEAR (PRISM Enhanced Asphalt Rubber), WaveBond (RAP Recovery Process), WaveBond Tunnel System (Asphalt Recovery System), and WaveBond HALO Repairs System (Asphalt Repair System), which are used in tires and rubber, asphalt modifiers, thermoplastic elastomers, and polymer modifiers. The company is converting low-value, end-of-life tire (ELT) rubber into new rubber with numerous applications, such as road technologies, roofing materials, new tire production materials, and consumer products made from engineered rubber.

The company will use the funding to support product development, manufacturing, and distribution capabilities following the acquisition of CRC Polymer Systems.

## Funding rounds

- Series A, Nov 19, 2024, $40M — Columbia Pacific Advisors

## Investors

- Columbia Pacific Advisors (https://capitalatlas.ai/funds/columbia-pacific-advisors) — Series A