How much funding has Catack-H raised?

Catack-H has raised $10.94M in total funding. Key investors include POSCO International (Mutual Growth Fund), KGROUND Ventures, Mizzen, ASEMtech.

Who is the CEO of Catack-H?

Jin-ho Jeong is the CEO of Catack-H. The company was founded in 2017.

Where is Catack-H located?

Catack-H is headquartered in Hwaseong, South Korea.

What funding stage is Catack-H at?

Catack-H is currently at the Active stage.

How many employees does Catack-H have?

Catack-H has approximately 11-50 employees.

Catack-H

Name: AM Companies Database
Creator: AMPulse
License: https://creativecommons.org/licenses/by/4.0/

MaterialsHwaseong, South KoreaFounded 2017· One of 955 Materials companies tracked by AMPulse

A South Korean advanced materials company specializing in 100% eco-friendly carbon fiber reinforced polymer (CFRP) recycling technology that transforms post-industrial and post-consumer carbon fiber waste into high-performance recycled materials using proprietary solvolysis processes.

CEO / Founder: Jin-ho Jeong
Team Size: 11-50
Stage: Active
Total Funding: $10.94M
Latest Round: Angel
Key Investors: POSCO International (Mutual Growth Fund), KGROUND Ventures, Mizzen, ASEMtech

Technology & Products

Key Products

Catack-H specializes in high-quality recycled carbon fibers and recycled carbon fiber products through an eco-friendly, water-based solvolysis process.

Technological Advantage

Proprietary chemical decomposition process that maintains original fiber properties while achieving high recovery rates at lower costs. Combines sustainable recycling with production of high-quality intermediate products (milled fiber, nonwovens, compounds) suitable for multiple applications, creating a complete circular economy solution from waste collection to end-product manufacturing.

Differentiation

Value Proposition

Provides high-quality recycled carbon fiber (rCF) with close-to-virgin properties at lower cost through 100% eco-friendly, water-based solvolysis technology that recovers over 95% of carbon fiber from waste CFRP, enabling circular economy solutions while maintaining material performance and reducing environmental impact.

How They Differentiate

100% eco-friendly, water-based solvolysis process operating at lower temperatures (~300°C) vs industry-standard pyrolysis (450-700°C), recovering over 95% of carbon fiber with close-to-virgin properties and no residues. Technology transferred from Korea Institute of Science and Technology (KIST) provides proprietary chemical decomposition maintaining original fiber properties at lower costs.

Market & Competition

Target Customers

Automotive manufacturers, sporting goods companies, construction firms, battery/energy storage sector, aerospace companies, and industrial manufacturers seeking sustainable high-performance carbon fiber materials

Industry Verticals

["Automotive","Aerospace","Sporting Goods","Construction","Battery & Energy Storage","Industrial Manufacturing","Advanced Composites"]

Competitors

Gen2Carbon (formerly ELG Carbon Fibre); CFK Valley Stade Recycling; Vartega

Growth & Milestones

Growth Metrics

Commercial-scale operation processing 200-300 tons annually since 2019 with strategic partnerships for global market expansion

Major Milestones

["Technology transfer from Korea Institute of Science and Technology (KIST) in 2017","Commercial facility operational in Hwaseong, South Korea since 2019","Strategic partnership with Formosa Plastics Corporation for comprehensive CFRP recycling solutions (2022)","Multiple investment rounds from POSCO International Mutual Growth Fund","JEC Startup Booster 2023 finalist selection","Strategic MOU with POSCO International for global market expansion and scrap procurement (January 2026)","Featured exhibitor at JEC World 2024-2026 showcasing recycled carbon fiber solutions"]

Notable Customers

Formosa Plastics Corporation, POSCO International

https://www.catackh.com

Why this company matters

Catack-H occupies a niche in the recycled carbon fiber market by offering a 100% eco-friendly, water-based solvolysis process that recovers over 95% of carbon fiber from waste CFRP. Unlike conventional pyrolysis, which operates at 450-700°C and can degrade fiber properties, Catack-H's proprietary chemical decomposition runs at roughly 300°C, preserving fiber length and mechanical performance. The technology was transferred from the Korea Institute of Science and Technology (KIST) in 2017.

The company processes post-industrial and post-consumer carbon fiber waste streams including dry fibers, fabrics, uncured and cured prepregs, and finished parts. Outputs include milled fiber, nonwovens, and compounds suitable for automotive, aerospace, sporting goods, construction, and battery/energy storage applications. Catack-H operates a commercial facility in Hwaseong, South Korea, with an annual capacity of 200-300 tons since 2019.

Strategic partnerships underpin Catack-H's market access. POSCO International is both an investor and a partner for raw material procurement and global export. Formosa Plastics Corporation has collaborated on comprehensive CFRP recycling solutions since 2022. The company was a JEC Startup Booster 2023 finalist and has exhibited at JEC World from 2024 through 2026. Total disclosed funding is approximately $10.94 million from investors including POSCO International Mutual Growth Fund, KGROUND Ventures, Mizzen, and ASEMtech.

Catack-H's competitive position hinges on producing recycled carbon fiber with close-to-virgin properties at a lower cost than pyrolysis-based rivals such as Gen2Carbon, CFK Valley Stade Recycling, and Vartega. The main open question is whether its relatively small scale can be expanded quickly enough to meet growing demand from automotive and aerospace OEMs seeking sustainable, high-performance materials without compromising on quality.