Levgum

Company Overview

Snapshot

Founded in July 1998, Levgum operates with 1–10 employees. The company has secured $250,000 in total capital across two funding rounds from two investors. In March 2002, Softstone, Inc. participated in a funding round, highlighting early investor interest in Levgum's innovative rubber recycling technology.

Business overview

Levgum is a company focused on transforming the rubber recycling industry through its proprietary mechanical-chemical devulcanization technology. The core of its offering is an automated process that operates at room temperature, utilizing a chemical modifier called EDV (Ecological De-Vulcanizer) to recycle rubber waste. This process is designed to be environmentally friendly, producing no hazardous waste or gases, and the EDV itself is free from harmful chemicals. Levgum serves the industrial manufacturing sector, operating within the Industrial Technologies sector, specifically focusing on Material Innovations & Applications and Sustainable Materials & Circularity.

Strategic signal

In February 2009, Levgum's technology gained recognition for its ability to convert old rubber back into usable material. This signals the company's potential to address significant waste challenges in the rubber industry, offering a sustainable solution that could reduce reliance on virgin materials and minimize environmental impact. For investors, this highlights the long-term market potential for eco-friendly industrial processes and circular economy solutions.

Company Intelligence Q&A

What is Levgum's core technology?

Levgum utilizes a mechanical-chemical process for devulcanization of rubber waste, which operates at room temperature and employs an Ecological De-Vulcanizer (EDV) chemical modifier. This automated process is designed to be environmentally friendly, producing no hazardous waste or gases.

When was Levgum founded?

Levgum was founded in July 1998.

What is the primary sector Levgum operates in?

Levgum's primary sector is Industrial Technologies, with a focus on Material Innovations & Applications and Sustainable Materials & Circularity.

What was a key development for Levgum in February 2009?

In February 2009, Levgum was recognized for its technology that enables the conversion of old rubber back into new rubber, showcasing its innovative approach to recycling.