Nederweert (Netherlands), 6.9.2018. Every year, 1.5 billion tires reach the end of their life. The vast majority get dumped or incinerated, releasing massive amounts of CO2 and destroying highly valuable resources. To solve this waste tire problem, Black Bear has developed a unique carbonization process to transform used tires into recovered Carbon Black (rCB). The company has now successfully closed a growth funding round of 11 million Euros to refine the environmentally- friendly process and to start the worldwide roll-out of the technology. This brings the Dutch cleantech company a crucial step closer to bringing the circular economy to tires.