Infiniteria

📍 Luxembourg, Luxembourg🗓 Founded 2022👥 39 employees💰 Last funded Jun 2024
Infiniteria Europe Sàrl is a joint venture founded with the ambition to create the world’s first large-scale end-of-life tire recycling group. The initiative combines Antin’s expertise in developing and scaling infrastructure platforms with Michelin’s leading position in sustainable tires, supporting the transition toward a more circular tire value chain.  Globally, it is estimated that over 1 billion tires reach the end of their useful lives every year, with an aggregate volume in Europe alone of approximately 3.5 million tonnes of end-of-life tires (ELT) annually. Headquartered in Luxembourg, Infiniteria intends to develop and operate end-of-life tire recycling facilities across Europe. Subject to project development and regulatory processes, the group targets an aggregate recycling capacity of up to one million tonnes of ELT per year, with the potential to generate direct and indirect employment within the recycling value chain. The first full-scale commercial plant is currently under construction in Uddevalla, Sweden. Once operational, the plant is expected to have an initial processing capacity to recycle 34,500 tonnes of end-of-life tires per year, corresponding to approximately 40% of Sweden’s annual ELT volume. Infiniteria has entered into legally binding long-term agreements, with durations ranging from 5 to 10 years, covering both the supply of end-of-life tires to the Uddevalla plant and the offtake of recovered materials, including recovered carbon black and oil. Customers for these recovered products include leading companies in the tire, rubber, and energy industries such as Michelin, Nokian Tyres, Preem, and H&R Group.
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Total investors
1
Early stage
0
Mid stage
0
Late stage
2022
Founded
Investor geography1 country
France
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Frequently asked questions
Who invested in Infiniteria?
Infiniteria has 1 investors on record on gritt.io, including 1 early-stage backers.
When did Infiniteria last raise funding?
The most recent investment in Infiniteria recorded on gritt.io was in June 2024.
When was Infiniteria founded?
Infiniteria was founded in 2022.
What industry is Infiniteria in?
Infiniteria operates in Chemical Raw Materials Manufacturing. Find similar Chemical Raw Materials Manufacturing investors on gritt.io.
Where is Infiniteria based?
Infiniteria is headquartered in Luxembourg, Luxembourg.