LD Carbon Secures Series C Funding Led by Toyota’s Woven Capital to Scale Sustainable Tire Recycling
LD Carbon, a leading producer of recovered carbon black (rCB), has secured a Series C funding round led by Toyota’s Woven Capital. The investment will be used to expand LD Carbon’s operations, enabling them to recycle end-of-life tires and vehicles into valuable materials like rCB and pyrolysis oil. This sustainable approach aims to address the environmental concerns of traditional carbon black manufacturing while reducing dependence on virgin materials in the automotive industry.