Construction products

Sustainable building products company Pretred announces $ 3 million investment

Tire waste has become a global environmental challenge, with> 1 billion sent to landfill or burned each year. Pretred technology recycles approximately 65,000 tires for each kilometer of barriers (880 barriers). These barriers reduce 98% of CO equivalent2 emissions compared to concrete barriers, providing a durable product for use in construction, roads, parks and beyond.

“By successfully increasing our seed series, we can accelerate our scale-up and deploy our barriers and blocks in markets that have an immediate need for high-performance, sustainable materials,” said Eric Davis, Managing Director of Pretred. “We value our partnership with The Heritage Group and have already drawn on their technical and commercial expertise in building materials and the circular economy.

“We are delighted to have the opportunity to invest in Pretred as we have been impressed with the creativity, experience and passion of their management team,” said Ginger Rothrock, Senior Director at HG Ventures and member of the Pretred Board of Directors. “We believe Pretred is a pioneer in making green building materials by making beautiful, tough and environmentally friendly building products from some of the most polluting materials in the world.”

See for more information.

About Pretred
Pretred reuses waste tires and plastics into innovative and sustainable industrial barriers and blocks. Our durable products have superior benefits and replace concrete, one of the most destructive materials on earth.

About HG Ventures
HG Ventures partners with entrepreneurs who are building a sustainable future in materials, infrastructure and industrial systems. We leverage the people, assets and relationships of The Heritage Group to help entrepreneurs realize their vision. We invest in transactions ranging from $ 1-10 million as leader or union partner, with additional capital reserved for follow-ups.

For more information
Sarah mathison
Director, Marketing and Communications
The Heritage Group
[email protected]

SOURCE HG Ventures; Pretred

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