Led · Equity · Aug 2021

Prism Worldwide develops patented, American-made technology that converts end-of-life tires into high-performance thermoplastic elastomers (TPEs) and polymer intermediates for elastomer and plastic markets. Its process reverses the polymerization of tire rubber in an energy-efficient, low capital-intensive way to produce functional, flexible materials that can be reincorporated into rubber- and plastic-based products. The company says its materials allow higher concentrations of recycled content without sacrificing product quality and can be recycled again at end of life. Prism reports it has reached commercial viability, evidenced by an initial round of sales and sales commitments for its TPEs, and is producing a product available for purchase today. Prism plans to use new capital to accelerate commercialization by consolidating operations, making capital investments in technology and equipment, and expanding its team. The company emphasizes circularity and reduced carbon emissions as key value propositions for customers and petrochemical partners seeking more sustainable feedstocks. PRISM Worldwide has developed a patented process that converts 100% of end-of-life tires into PRISM Thermoplastic Rubber (PTR), a like-new rubber and plastic polymer. PTR is used to replace virgin material in tires, roofing, paving asphalts, and industrial rubber products. The company says its process emits less than 15% of the greenhouse gases produced in the manufacture of synthetic rubber. With expanded R&D capability, PRISM aims to create additional applications for its technology, including materials for plastics manufacturing. The company is based in Kirkland, Washington, with its plant and laboratory located in Reno, Nevada. PRISM reported that the latest financing will support expanded operations and research and development.

Led · Equity · May 2013

Remote Medical International offers integrated medical program management, consulting, telemedicine, equipment, pharmaceuticals, remote medical support and training for clients in remote environments across every continent. The company serves industrial, offshore and international customers including energy companies, global logistics providers, research teams, military and law enforcement groups, governments, maritime firms, philanthropic foundations and executive services for high-net-worth individuals. Founded in 2003 and headquartered in Seattle, Remote Medical has approximately 100 employees and operates worldwide. The company expects to grow more than 60% this year and is planning to expand its workforce, seeking EMTs and paramedics with remote experience as well as operations, sales and customer support staff. A recent $8 million capital investment will be used to broaden global reach, enter new markets and improve efficiency in delivering its range of services.