What is Fairmat?
Based in France, Fairmat operates at the intersection of material science and environmental sustainability. The company specializes in the recovery and repurposing of carbon fiber composites, a material traditionally difficult to recycle and often destined for landfills. By developing a scalable, automated process to re-engineer these composites, Fairmat provides global manufacturers with a sustainable alternative that maintains structural integrity while reducing carbon footprints. This innovative approach addresses the growing demand for circularity in aerospace, automotive, and sporting goods industries, effectively turning a waste management challenge into a high-value resource stream.
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 CNP Assurances, Temasek, Pictet, and Singular
Series B (2025): $55.6M led by Cape Capital, European Investment Bank, Singular, and Banco BPI SA (France
Key Investors in Fairmat
Singular
Singular is a European early-stage venture capital firm headquartered in Paris that invests from Seed to Series B in founders building category-defining companies using frontier technology.
European Investment Bank
Established in 1958 and headquartered in Luxembourg, the European Investment Bank is the European Union's nonprofit long-term lending and finance institution.
Cape Capital
Cape Capital AG is a FINMA-regulated asset manager based in Zurich that specializes in the active management of investment strategies across credit, equity, and hedge funds.
What's next for Fairmat?
With the successful closure of this major enterprise-level funding, Fairmat is poised to accelerate its industrial scaling efforts and expand its global footprint. The capital will likely be deployed to enhance production capacity and refine its material processing capabilities to meet the rigorous standards of international industrial partners. As the company transitions from its initial growth phase into a more mature operational stage, the focus will shift toward securing long-term supply agreements and optimizing its logistics network. By leveraging its recent backing, Fairmat is well-positioned to lead the transition toward a more sustainable material lifecycle, setting a new benchmark for industrial resource efficiency in the European market and beyond.
See full Fairmat company page
