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Fairmat Announces €34M Series A Round To Make It Easier And More Sustainable To Recycle Advanced Materials Through Robotic Technologies

PRIVATENov 21, 2022

Amount Raised

€34 Million

Round Type

Series A

ParisManufacturing

Investors

Vc Singular

Description

Fairmat, the Paris-based sustainable deep tech start-up pioneering the recycling of advanced materials, announced today that it has completed its Series A funding round at a total of €34M, one of the largest Series A rounds for a deep tech startup in both France and Europe as a whole this year.

Quick answer

Fairmat raised €34 Million in a Series A round, dated November 21, 2022. Investors: Vc Singular. Fairmat is based in Paris, Ile-de-France, France.

How much did Fairmat raise?
Fairmat raised €34 Million in a Series A round on November 21, 2022.
Who invested in Fairmat?
Vc Singular is named as investors in this round.
What does Fairmat do?
FAIRMAT is a French deep tech aiming to revolutionize the recycling of carbon fiber-based composites.
Where is Fairmat based and how big is it?
Fairmat is based in Paris, Ile-de-France, France. Fundz records about 110 employees.
Who are the decision-makers at Fairmat?
Fundz holds 1 contact at Fairmat, including the CEO & founder . Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Manufacturing around the same time

Companies in the same sectors as Fairmat that raised within 45 days of this round, from Fundz verified event records.

  • Amplitude Vascular Systems raised $20M (Series B) on January 5, 2023.
  • C-Motive Technologies raised $11M on January 5, 2023.
  • Mantra Bio raised $9M (Series A) on January 4, 2023.
  • Motion G raised $15M (Funding Round) on January 3, 2023.
  • Apnimed raised $80M (Series C) on January 3, 2023.
  • Lumotive raised an undisclosed amount on January 3, 2023.

Who to call at Fairmat, and when

A new round usually means Fairmat is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Fairmat

Location

Paris, Ile-de-France, France

About

FAIRMAT is a French deep tech aiming to revolutionize the recycling of carbon fiber-based composites. FAIRMAT creates a more sustainable future for composites and manufacturing through a virtuous recycling process thanks to its disruptive technology. With 3,8kg of CO2e per kilo of material produced, Fairmat Quest, our baseline product, is one of the most performing and sustainable material available for the circular economy.

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Related People

1 contact
Verified contactsBen S., CEO & founder See plans and pricing
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Fairmat raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.