Vartega
Company

Last deal

Amount

Equity Crowdfunding

Stage

05.01.2024

Date

14

all rounds

$17.5M

Total amount

General

About Company
Vartega is a technology development company that specializes in carbon-fiber-reinforced plastic recycling.

Industry

Sector :

Subsector :

founded date

01.07.2014

Number of employees

Company Type

For Profit

Last funding type

Equity Crowdfunding

IPO status

Private

Description

The company uses chemistry-based technology and hardware to recycle high-value carbon fiber scrap and waste, providing low-cost carbon fiber for use in mass-market applications such as sporting goods, additive manufacturing, and vehicle lightweight. Vartega's patented carbon fiber recycling process scales rapidly to fill a gap in the composites supply chain and is available in semi-continuous, chopped, and milled forms, making it ideally suited for use in thermoplastics, non-wovens, and molding compounds. The company deploys modular carbon fiber recycling units close to the source of composites scrap via their Hardware-as-a-Service subscription platform, diverting tons of waste from landfills and incineration, and enabling automotive and aerospace industries to reduce greenhouse gas emissions by millions of pounds each year.
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