# Rubber Conversion

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rubber-conversion

- Industry: Environmental Services
- Headquarters: Cerea, Italy
- Website: www.rubberconversion.com
- Total disclosed funding: $2.8M
- Latest round: Series A (Mar 27, 2022)
- Investors on record: 3

## About

Based in VR, Italy, and founded in 2017 by Francrubesco Pierro, Rubber Conversion SRL is a waste management company that develops rubber patented technology and produces rubber devulcanization compounds. In March 2022, Rubber Conversion SRL raised EUR 2.5 million in venture funding from new investors CDP Venture Capital, Enet Energy SA and LIFTT, with participation from individual investors.

Rubber Conversion SRL operates in two business areas-recycling of production waste (closed cycle), and the supply of devulcanized compounds starting from recycled end-of-life tyres (ELT) in powders or granules. Its compounds realized from post-consumer products, including end-of-life tyres and production waste, can be used in significant percentages in new rubber products and goods.

The company will use the venture funding to hire employees, strengthen production capacity and add new business models.

## Funding rounds

- Series A, Mar 27, 2022, $2.8M — CDP Venture Capital, LIFTT, Enet Energy SA

## Investors

- CDP Venture Capital (https://capitalatlas.ai/funds/cdp-venture-capital) — Series A
- LIFTT (https://capitalatlas.ai/funds/liftt) — Series A
- Enet Energy SA — Series A