What is Fairmat?
Based in France, Fairmat is at the forefront of the circular economy within the composite materials industry. The company specializes in the recycling of carbon fiber composites, transforming waste materials into reusable resources for new composite applications. This innovative approach not only addresses environmental concerns but also provides a sustainable alternative for industries reliant on high-performance materials, contributing to a global positive impact. Fairmat's operations are crucial for reducing the environmental footprint associated with composite material production and disposal.
How much funding has Fairmat raised?
Fairmat has raised a total of $90.6M across 2 funding rounds:
Series A
$35M
Series B
$55.6M
Series A (2022): $35M with participation from Pictet, Singular, CNP Assurances, and Temasek
Series B (2025): $55.6M led by Banco BPI SA (France, Cape Capital, European Investment Bank, and Singular
Key Investors in Fairmat
Temasek
Temasek is a global investment company headquartered in Singapore, known for its long-term investment approach across various sectors, including technology and sustainability.
European Investment Bank
The European Investment Bank is the lending arm of the European Union, focused on supporting projects that advance EU policy objectives, including sustainable development and innovation.
CNP Assurances
CNP Assurances is a major French insurance provider offering a wide range of financial and insurance products, with a growing interest in sustainable investments.
What's next for Fairmat?
The recent Series B financing, characterized as a major strategic investment, positions Fairmat for accelerated scaling and market expansion. This substantial capital infusion, alongside previous funding rounds, indicates strong investor confidence in Fairmat's technology and business model. The company is likely to leverage this backing to enhance its recycling capabilities, broaden its product offerings, and strengthen its global presence. Further strategic partnerships and technological advancements can be anticipated as Fairmat continues its mission to revolutionize the composite materials sector through sustainable practices.
See full Fairmat company page
