Prism Worldwide raised $40M in a Series A funding round co-led by Columbia Pacific Advisors and Jim Sinegal to accelerate the commercialization of sustainable thermoplastic elastomers derived from recycled tires.
Prism Worldwide raised $40M in a Series A funding round co-led by Columbia Pacific Advisors and Jim Sinegal to accelerate the commercialization of sustainable thermoplastic elastomers derived from recycled tires.
11/19/24, 2:25 PM
Location
kirklandMoney raised
$40 million
Round Type
series a
Investors
Robert 'Spike' Anderson, Jim Sinegal, Columbia Pacific Advisors
Prism Worldwide has raised $40 million in Series A and Series A1 funds to consolidate operations and expand its team. This funding marks a significant step towards making their innovative materials commercially viable, derived from recycled end-of-life tires. The round was co-led by Columbia Pacific Advisors and former Costco CEO Jim Sinegal.