Fairmat recycles carbon fiber composites into FairPly, a versatile and sustainable material designed for high-performance applications across various industries. This technology mitigates the environmental impact of carbon fiber waste, which is projected to reach 138 million tons in landfills over the next 50 years.
Funding
$45.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
CNTHFounders
Product
Problem
The disposal of carbon fiber composites poses a significant environmental challenge, with projections estimating 138 million tons ending up in landfills over the next 50 years. Traditional disposal methods lack sustainable solutions, contributing to environmental degradation and resource depletion.
Solution
Fairmat provides a recycling technology that transforms carbon fiber composite waste into FairPly, a high-performance, low-environmental impact material. Their proprietary robotic technologies reintegrate reclaimed carbon composite chips into product design and manufacturing. This process enables the creation of versatile, sustainable, and affordable advanced materials suitable for various industries. Fairmat's approach offers a circular economy solution for carbon fiber, reducing waste and promoting resource efficiency.
Target Audience
Fairmat's primary customers are manufacturers across various sectors seeking sustainable, high-performance materials and companies looking for responsible recycling solutions for their carbon fiber waste.
Features
- Recycles carbon fiber composites into FairPly, a versatile material.
- Offers laminates and panels, as well as manufactured parts.
- Serves industries including sports, energy, mobility, and electronics.
- Proprietary robotic technologies for material reintegration.
- In-house software for quality control and process optimization.