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§ Private Profile · Paris, France
Recycles carbon fiber-reinforced plastic waste into high-performance materials for aerospace and wind, focused on circular manufacturing.
Based in Paris, France, FAIRMAT is an industrial technology company that recycles carbon fiber-reinforced plastic waste from aerospace and wind turbines into high-performance composite materials. The organization utilizes a proprietary plasma-based manufacturing process that achieves a 90 percent reduction in carbon dioxide emissions while delivering materials with 12 times greater stability and 40 percent faster production times. To scale its circular manufacturing operations and expand its 3,500-square-meter production facility for global distribution, the enterprise has secured $102.79 million in total venture and debt funding, including a recent $26.98 million financing round. The certified B Corp supplies its recycled carbon materials to the sports, energy, and mobility sectors, establishing strategic commercial partnerships with major industry entities such as Hexcel, Siemens Gamesa, Dassault Aviation, Tarmac Aerosave, and Decathlon. FAIRMAT was founded in 2020 by Benjamin Saada.
FAIRMAT has raised $146.3M across 5 funding rounds.
FAIRMAT has raised $146.3M in total across 5 funding rounds.
Fairmat is a deep-tech company founded in 2020 that specializes in recycling carbon fiber-reinforced polymer (CFRP) composites, producing sustainable second-generation materials through proprietary robotic technologies.[2][3][4] It serves industries like automotive, aerospace, sports, and manufacturing by transforming waste carbon composites into high-performance, low-emission materials, addressing the environmental challenge of composite waste that is often landfilled or incinerated.[2][3][4] Fairmat's baseline product, Fairmat Quest, emits just 3.8kg of CO₂e per kilo recycled, enabling circular economy applications with superior sustainability compared to virgin materials or destructive disposal methods.[2][3]
The company solves the problem of non-recyclable carbon composites, which dominate high-growth sectors but generate massive waste—Fairmat's process reintegrates chips into new designs, cutting emissions and fostering decarbonization.[3][4] Growth momentum includes B Corp certification in 2024, a detailed 2023 Impact Report showcasing measurable environmental and social progress, and expansions like sports performance applications announced in 2024.[3][4]
Fairmat was founded in 2020 by Benjamin Saada in Paris, France, as a response to the recycling crisis in carbon fiber composites, a material prized for its lightweight strength but notoriously hard to recycle.[2][4] Saada's vision emerged from recognizing the sustainability gap in high-performance industries, leading to the development of disruptive robotic technologies for closed-loop recycling.[2][3] Early traction came through exhibitions like IAA Mobility 2023, where Fairmat showcased its innovations, and rapid advancements culminated in B Corp certification by 2024, validating its impact-driven model.[2][3] Pivotal moments include the 2023 Impact Report, which quantified achievements and set policy-influencing goals for European mandates on circular materials.[3]
(Note: A separate Italian firm named Fairmat, focused on reg-tech since 2008, exists but is unrelated based on distinct founding, location, and focus.[1])
Fairmat stands out in the composites recycling space through:
These elements create a complete service—from recycling to advanced manufacturing—prioritizing sustainability without performance trade-offs.[4]
Fairmat rides the wave of circular economy and decarbonization trends, capitalizing on EU policies pushing for sustainable materials amid net-zero targets and the 2024-2029 European mandate emphasizing recycling.[3] Timing is ideal as carbon composites boom in electric vehicles, aerospace, and renewables—projected to generate millions of tons of waste by 2030—yet lack scalable recycling, giving Fairmat a first-mover edge in a market forces-driven shift from linear to circular models.[2][3][4] It influences the ecosystem by proving low-emission recycling viability, inspiring industry adoption, sharing policy proposals, and certifying as a B Corp to elevate standards for deep-tech sustainability.[3]
Fairmat is poised for industrialization, scaling its recycling service and Quest material across high-demand sectors like mobility and sports, with potential partnerships accelerating global rollout.[2][4] Trends like stricter emissions regulations, composite waste mandates, and AI-enhanced robotics will propel growth, evolving Fairmat from innovator to ecosystem leader in carbon-neutral manufacturing.[3] As it ties back to revolutionizing composites recycling, expect Fairmat to redefine sustainability as a performance multiplier, not a compromise, in the race to a decarbonized future.[3][4]
FAIRMAT has raised $146.3M in total across 5 funding rounds.
FAIRMAT's investors include Jeroen Kelder, Singular, Mailys Ferrere, Clément Buyse, Cape Capital, Ambroise Fayolle, Open CNP, Pictet Alternative Advisors, Temasek, Entrepreneur First, LocalGlobe, No Label Ventures.
FAIRMAT has raised $146.3M across 5 funding rounds. Most recently, it raised $11.6M Other Equity in November 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 18, 2025 | $11.6M Venture Round | Jeroen Kelder, Singular | — | Announced |
| Apr 2, 2025 | $60.5M Debt Financing | Mailys Ferrere, Clément Buyse | Cape Capital, Ambroise Fayolle, Open CNP, Pictet Alternative Advisors, Singular, Temasek | Announced |
| Apr 1, 2025 | $29M Series B | — | Entrepreneur First, LocalGlobe, NO Label Ventures, Singular, Roxanne Varza, Saturnin Pugnet | Announced |
| Nov 20, 2022 | $35.1M Series A | Benoit Robertz, Temasek | Antoine DE Saint Affrique, Pictet Alternative Advisors, Raffi Kamber, The Friedkin Group | Announced |
| Sep 1, 2021 | $10M Seed | — | Entrepreneur First, LocalGlobe, NO Label Ventures, Singular, Roxanne Varza, Saturnin Pugnet | Announced |