Startups
Contec S.A. specialises in the processing of end-of-life tires (chemical recycling), transforming them into circular rubber and plastic raw materials that deliver low-carbon-footprint products for the manufacturing industry - recovered Carbon Black, recovered Tire Pyrolysis Oil, and recovered Steel. Contec is the only company in the world that uses molten salt as a heat transfer medium. The Molten proprietary technology creates the conditions for a safer, more efficient, and economical method of production, designed with repeatable quality in mind. Since 2017, the company has contributed to decarbonising the manufacturing industry, focused on providing a sustainable replacement for virgin Carbon Black and petrochemical raw materials.
Overview
Location
Poland, Masovian Voivodeship, Warsaw
Employees
11-50
Total raised
$27.06M
Funding Rounds 2
| Date | Series | Amount | Investors |
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| Mar 22, 2023 | Funding round | $10.8M |
Mentions in press and media 7
| Date | Title | Description |
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| Jul 13, 2023 | Top 10 Largest Funding Rounds in Poland in H1 2023 | Poland ~ Company: As one of the most populous countries in the EU, the Polish ecosystem has witnessed several remarkable milestones in the first half of 2023, with five investments exceeding €10 million. Moreover, following the efforts to b... |
| Jun 19, 2023 | Polish tire recycling venture raises EUR 15 million — one of 2023's largest Clean Tech investments in Europe | Contec S.A., with EUR 15 million in investments, continues their mission to support the manufacturing sector in promoting environmental sustainability and circularity. Warsaw, Poland (PRWEB) June 19, 2023 Contec S.A., a company that special... |
| Jun 15, 2023 | Poland’s Contec secures additional €5M, totalling €15M in raised funds | Poland’s Contec secures additional €5M, totalling €15M in raised funds 15 June, 2023, 16:58 Rostyslav Sobachynskyi --> --> --> -->--> --> --> --> --> --> --> --> --> Szczecin-based startup Contec ha... |
| Jun 15, 2023 | The Second Life of Tires: Polish Contec Secures €15M to Fuel the CEE Clean Tech Industry | Poland ~ Polish clean tech startup Contec specializing in upcycling tires raises €15M to triple its sustainable raw materials production capacity in Szczecin, Poland, and expand to Europe. The investment was secured from VINCI, a subsidiary... |
| Mar 22, 2023 | Polish Contec raises €10M for the processing of used tires | Polish Contec raises €10M for the processing of used tires 22 March, 2023, 10:21 Mariia Denysiuk --> --> --> -->--> --> --> --> --> --> --> --> --> The Szczecin-based Contec S.A., a startup recoveri... |
| Contec | “Contec S.A. in Poland provides circular rubber and plastic solutions that provide high-quality products upcycled from end-of-life tires.” |
Reviews 0
FAQ about Contec S.A.
How much funding has Contec S.A. raised?
Contec S.A. has raised $27.06M in total across 2 funding rounds.
What funding rounds has Contec S.A. raised?
Parsers VC lists 2 funding rounds of Contec S.A., among them a funding round of $10.8M on Mar 22, 2023.
What has the press written about Contec S.A.?
Parsers VC has collected 7 articles mentioning Contec S.A., among them “Top 10 Largest Funding Rounds in Poland in H1 2023” (Jul 13, 2023) and “Polish tire recycling venture raises EUR 15 million — one of 2023's largest Clean Tech investments in Europe” (Jun 19, 2023).
Is Contec S.A. still active?
Yes, Contec S.A. is active; its latest activity on Parsers VC dates from Mar 21, 2024.