Fairmat, a frontrunner in carbon composite recycling, has raised an additional €10 million from Infinity Recycling to accelerate the global expansion of its sustainable materials. Just seven months after securing €51.5 million, the new funding will fast-track industrialization at its French and US plants, meet rising cross-industry demand, and reinforce Fairmat's ambition to establish a fully circular supply chain by 2027.
Circular Plastics Fund, a €175 million Luxembourg fund managed from Rotterdam, has companies in its portfolio in the United States, Canada, Switzerland, the United Kingdom, Luxembourg, the Netherlands, France, and Germany (9 investments, 8 countries). The fund backs companies deploying disruptive technologies to recycle complex materials and reduce global dependence on virgin resources.
With its investment in Fairmat, the fund reaffirms its intention to strengthen its presence in France ahead of launching a second, more globally focused fund in 2026.
Jeroen Kelder, Managing Partner at Infinity Recycling, said the investment demonstrates conviction that sustainable materials represent the future of industry, praising Fairmat's groundbreaking technology in addressing composite waste while creating high value-added recycled products, calling it the fund's first investment in France.
A twist of fate: investor Infinity Recycling shares its name with Fairmat's patented process, which can recycle carbon fibers almost indefinitely.
Fairmat: Spectacular Industrial Acceleration
Since its last fundraising round, Fairmat has launched production much earlier than expected, with an unprecedented ramp-up: between 6,000 and 10,000 m2 of materials produced each month, the equivalent of three football fields transformed into circular composites every month.
This acceleration confirms the company's industrial expertise, which deploys a unique approach combining AI, robotics, and circularity on a large scale. Artificial intelligence is embedded throughout Fairmat's operations, from design to production, enabling robots to continuously learn and optimize movements. This new industrial model reduces costs, improves material quality, and enhances the competitiveness of sustainable materials.
Benjamin Saada, founder and CEO of Fairmat, said the company started production earlier than planned this year, proof of the strength of its industrial model, and that the arrival of Infinity Recycling allows further acceleration, confirming France as a fertile market for industrial and environmental innovation.
A Strong Signal for French Industrial Deep Tech
In a very tense global context, France is establishing itself as an attractive ecosystem for international investors. For Infinity Recycling, investing in Fairmat also means betting on a team of excellence, a global market worth several hundred billion euros, and a rare capacity for execution. The fund intends to attract more French investors to its next vehicle, scheduled for 2026.
What's Next?
Fairmat continues to expand its industrial and commercial footprint with mass production at its two plants in France and the United States, and to roll out its Infinity Recycling process to achieve total circularity by 2027.
With this first global circular supply chain for materials, Fairmat is bringing a new generation of materials to the mobility, sports, construction, and energy sectors, among others.
Source - fairmat-tech
