Levgum Overview
Levgum is spearheading global change in the rubber recycling industry through its breakthrough technology. The company's mechanical-chemical process is carried out at room temperature, uses a chemical modifier (EDV Ecological De-Vulcanizer) for the devulcanization of rubber waste. It is an automated process that does not produce or emit any hazardous waste or gases. The EDV itself does not contain any harmful chemicals, and its production does not generate any hazardous waste or gases
Cumulative Funding Raised Over Time ($)
—
$250KMar 2002
Latest News
growth-positive
Israeli company turns old rubber back into... rubber
Israeli company Levgum has developed a patented process to turn vulcanized rubber back into its principle components for reuse. The company licenses its technology to other companies and industries, with one licensee in America selling rubber mulch for the garden at Wal-Mart. Levgum has seven licensees worldwide and recycles thousands of tons of rubber every year. The company has recently formed a joint R&D deal with Goodyear to ensure the recycled compound is suitable for their use.
Partners
growth-positive
U.S. processor keen on Israeli rubber recycling technology
Softstone, Inc., a tire recycling company, has invested in Levgum, Inc., an Israeli startup that has developed a new technology to de-vulcanize rubber. Softstone plans to use this technology to create higher-value products and reduce the cost of producing tires. The company has purchased a 10 percent ownership stake in Levgum for $250,000 and has secured licensing and sublicensing rights to the Western Hemisphere for the de-vulcanization technology. Softstone aims to capture 5 to 10 percent of the tire recycling market in the Western Hemisphere and is negotiating deals to sublicense the technology to operators in Canada, Mexico, and South America. The partnership with Levgum highlights the value of doing business with Israeli companies.
InvestmentPartners
| Sector | Industrial Technologies |
Funding
| Total funding | $250K |
| Last funding | $250K |
| Stage | Mature |
| Rounds | 2 |
| Investors | 2 |
Team Members
2
Employees: 1-10
Web & Social Links
| Website | levgum.com |
Locations
Be'er Tuvia Regional Council, Israel
Photos & Videos
1 item(s)
Levgum Business
Business models
B2B
Product stage
Released
Employees
1-10
Sector
Climate TechClean Industry Tech Sustainable Materials & CircularityIndustrial TechnologiesMaterial Innovations & ApplicationsTarget Customer
Industrial ManufacturingCore Technology
Materials & SubstancesTags (5)
rubbermaterialsindustrial-technologiesrecyclingclimate-techGeographic Markets
IndiaNorth AmericaEuropeLevgum Financials
$250K
Total funding
Undisclosed
Capital raised
$250K
Last funding
Mature
Funding stage
2
Total rounds
2
Investors
Cumulative Funding Raised Over Time ($)
—
$250KMar 2002
Private Equity Funding
Undisclosed Round
Mar 2002
$250K
Softstone, Inc.
Undisclosed Round
Undisclosed
The Trendlines Group
Levgum Lifecycle
Cumulative Funding Raised Over Time
—
$250KMar 2002
All Events
Undisclosed Round
Mar 2002
$250K
Softstone, Inc.
Undisclosed Round
Undisclosed
The Trendlines Group
Levgum News
2 articles
growth-positive
Israeli company turns old rubber back into... rubber
Israeli company Levgum has developed a patented process to turn vulcanized rubber back into its principle components for reuse. The company licenses its technology to other companies and industries, with one licensee in America selling rubber mulch for the garden at Wal-Mart. Levgum has seven licensees worldwide and recycles thousands of tons of rubber every year. The company has recently formed a joint R&D deal with Goodyear to ensure the recycled compound is suitable for their use.
Partners
growth-positive
U.S. processor keen on Israeli rubber recycling technology
Softstone, Inc., a tire recycling company, has invested in Levgum, Inc., an Israeli startup that has developed a new technology to de-vulcanize rubber. Softstone plans to use this technology to create higher-value products and reduce the cost of producing tires. The company has purchased a 10 percent ownership stake in Levgum for $250,000 and has secured licensing and sublicensing rights to the Western Hemisphere for the de-vulcanization technology. Softstone aims to capture 5 to 10 percent of the tire recycling market in the Western Hemisphere and is negotiating deals to sublicense the technology to operators in Canada, Mexico, and South America. The partnership with Levgum highlights the value of doing business with Israeli companies.
InvestmentPartners
Employee Info
| Employees (range) | 1-10 |
| Exact count | 2 |
| Team members | 4 |
Similar Companies
Similar companies data is computed dynamically and not stored in the entity profile. This section requires implementing a similarity query (e.g. by classification overlap, sector, district).
This entity has 7 classification IDs that could be used for matching.
Levgum Internal
Recent Updates
No update log entries.
Note: Free-text notes visible in the original Finder "Internal" tab are not present in the imported profile data. Only the update audit log is available.
Admin Info
| Confidence | 90/100 |
| Missing | markets, not claimed |
| BI Verification | Natalia Golczar |
| Registrar ID | 512654104 |
| Crunchbase | levgum |
| Phone | +97288598066 |
| Creator | Rebecca Mack |
| Creator email | rebeccamack26@gmail.com |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2023-09-12T00:00:00.000Z |
| Created | 2014-08-03T00:00:00.000Z |