FAIRMAT

FAIRMAT

Closed-loop recycling of CFRP waste

Overview

Fairmat recycles carbon fiber reinforced polymer (CFRP) waste to close the loop in manufacturing. It takes end-of-life CFRP items, processes them into reusable carbon fiber materials, and supplies these recycled materials back to industries for new products, along with services like sustainability consulting. This is done through a closed-loop system that reduces landfill waste and lowers carbon footprints. The company differentiates itself by focusing on CFRP recycling at scale and partnering with major clients (e.g., Dassault Aviation, Decathlon, Siemens Gamesa, Siux) to cut raw material costs and boost sustainability credentials. The goal is to advance circular economy practices in heavy industries and enable decarbonization by turning waste into usable materials for new applications.

About FAIRMAT

Simplify's Rating
Why FAIRMAT is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Consulting

Industrial & Manufacturing

Company Size

51-200

Company Stage

Series B

Total Funding

$114.5M

Headquarters

Paris, France

Founded

2020

People at FAIRMAT

People at FAIRMAT who can refer or advise you

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Simplify's Take

What believers are saying

  • €50M+ contracted revenue with blue-chip clients like Hexcel, Decathlon, and Airbus drives growth[1]
  • Expansion into China and US enables near-infinite recycling for aerospace and automotive markets[1]
  • 50% lower carbon footprint in construction fasteners advances sustainable building materials[2]

What critics are saying

  • Syensqo partnership may give direct supply chain control, marginalizing Fairmat as service provider[1]
  • Hexcel exclusive agreement locks Fairmat into single-source dependency, limiting flexibility[1]
  • EU Circular Economy Act amendments could require 50% virgin fiber content, making 100% recycled non-compliant[1]

What makes FAIRMAT unique

  • Fairmat uses patented cold atmospheric plasma to recycle carbon composites indefinitely without performance loss[2]
  • AI-powered robotics cut and reassemble chips into high-quality sheets, recovering 90% of waste material[1]
  • Fairmat operates closed-loop ecosystem transforming aerospace and wind waste into scalable chips and plies[4]

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Funding

Total Funding

$114.5M

Above

Industry Average

Funded Over

5 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

$35M
$30M
Patreon
$45M
Linktree
$65M
Substack
$100M
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Benefits

Health Insurance

Meal Benefits

Commuter Benefits

Remote Work Options

Growth & Insights

Headcount

6 month growth

-4%

1 year growth

-3%

2 year growth

-2%

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