Vartega
A carbon fiber recycling company that uses patented solvolysis technology to recover and transform carbon fiber waste from aerospace, automotive, and wind energy applications into high-performance recycled materials with properties similar to virgin carbon fiber.
- CEO / Founder
- Andrew Maxey
- Team Size
- 35
- Stage
- Active
- Total Funding
- $42.7M
- Latest Round
- Venture Round
- Key Investors
- Diamond Edge Ventures, HG Ventures, Techstars, Circular Innovation Fund, Vectors Capital, Jogan, VilCap Investments
Technology & Products
Key Products
["Chopped Carbon Fiber (100% recycled, dry chopped for thermoset applications)","EasyFeed Bundles (patented easy-to-handle bundle format)","Ground Carbon Fiber (for reinforcement in composite materials)","Thermoplastic Compounding Services (30mm twin screw compounding line)","Custom Fiber Length and Sizing Options (polyurethane, polypropylene, epoxy sizing)","R&D Services (injection molding, mechanical property testing)","Hardware-as-a-Service (HaaS) modular recycling equipment"]
Technological Advantage
Proprietary solvolysis technology using supercritical fluids to recover fibers from both uncured and cured composites without degrading mechanical properties; patented EasyFeed bundle format creates easy-to-handle feed bundles that work with traditional equipment; Hardware-as-a-Service model enables clients to reduce logistics costs by recycling close to the source of material; combines both chemical solvolysis and mechanical recycling processes for comprehensive material recovery.
Differentiation
Value Proposition
Provides recycled carbon fiber at 50% lower cost and with 90-95% less energy intensity than virgin carbon fiber while maintaining similar mechanical properties. Offers drop-in replacements for virgin chopped carbon fiber with multiple fiber length and sizing options, enabling customers to reduce environmental impact and material costs without compromising performance.
How They Differentiate
Unlike conventional thermal recycling methods that degrade fiber properties, Vartega's solvolysis process uses chemistry-based approaches (including supercritical fluid technology) to recover fibers while maintaining mechanical properties comparable to virgin carbon fiber.
Market & Competition
Target Customers
Automotive manufacturers, aerospace companies, wind energy producers, sporting goods manufacturers, consumer electronics companies, additive manufacturing (3D printing) firms, and industrial users of thermoplastic compounding and injection molding.
Industry Verticals
["Aerospace","Automotive","Wind Energy","Sporting Goods","Consumer Electronics","Additive Manufacturing / 3D Printing","Marine","Industrial Manufacturing","Defense"]
Growth & Milestones
Growth Metrics
Expanded operations to 50,000 sq ft facility with 10x production capacity, multi-million dollar business.
Major Milestones
["Founded Vartega (2014) and grew it into a multi-million dollar business","Successfully raised $42.7M+ in funding across multiple rounds","Developed patented carbon fiber recycling technology","Recognized as TIME Magazine Top 250 Greentech Companies 2024","Expanded operations to 50,000 sq ft facility with 10x production capacity"]