PRISM™ Worldwide Secures $40 Million in Series A Funding to Revolutionize Rubber and Asphalt Industry

Exciting news has emerged from the world of sustainable innovation, as PRISM™ Worldwide proudly announces a successful fundraising round of $40 million. Renowned for revolutionizing the rubber and asphalt industries, PRISM™ is dedicated to creating sustainable products and practices that raise industry standards through cutting-edge science and technology. The funds raised will fuel the expansion of their pioneering work in transforming end-of-life tire (ELT) rubber into valuable synthetic materials with diverse applications, including road technologies, roofing materials, and consumer goods made from engineered rubber. At the heart of PRISM™’s mission is their patent-pending process which converts thermoset rubber into a high-performing thermoplastic rubber product (PTR™), preserving essential molecular structures without breaking sulfur bonds—a significant breakthrough in rubber recycling. With the launch of their PRISM™ Enhanced Asphalt Rubber (PEAR™), this innovative product is set to redefine asphalt road construction. By intermingling their PTR™ with asphalt binder, PEAR™ promises to dramatically reduce carbon emissions, enhance fuel efficiency, diminish road noise, and ensure longer-lasting road surfaces. The potential cost savings for communities are immense, making PRISM™ a key player in the drive toward sustainable infrastructure. This funding round positions PRISM™ to accelerate development across their product lines, including WaveBond™ technologies for asphalt recovery and repair systems, ultimately supporting their vision of a greener, more efficient future.