Fairmat has secured more than 30% of Europe’s carbon fiber production waste for recycling, with €50 million in contracted annual revenue and partnerships with major players like Siemens Gamesa and Hexcel.
Revenue Amount
$50,000,000
Organizations Involved
Siemens Gamesa, Hexcel
Founders
Benjamin Saada
Company Description
Fairmat is a French startup specializing in carbon composite recycling, offering high-performance, fully recyclable composites at competitive costs to redefine the materials industry while significantly reducing carbon emissions.
Market
Carbon Composite Recycling
Location
France
Coinvestors
Bpifrance, Slate VC, Cape Capital, Singular, Temasek, CNP, Pictet Group