About Fairmat
Fairmat is a company based in Paris (France) founded in 2020 by Benjamin Saada. Fairmat has raised $85.21 million across 5 funding rounds from investors including European Investment Bank, Temasek and Bpifrance. Fairmat offers products and services including FairPly Laminates, Manufactured Parts, and Robotic Solutions. Fairmat operates in a competitive market with competitors including Vertex Energy, Covanta, Lakeshore Recycling, CMC and Coastal Waste & Recycling, among others.
- Headquarter Paris, France
- Founders Benjamin Saada
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Sectors
Environment
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Email
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Phone
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Website
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Social
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- Legal Name Fairmat
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
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Total Equity Funding
$85.21 M (USD)
in 5 rounds
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Latest Funding Round
$11.52 M (USD), Series B
Nov 04, 2025
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Investors
European Investment Bank
& 10 more
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Employee Count
Not available
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Products & Services of Fairmat
Fairmat offers a comprehensive portfolio of products and services, including FairPly Laminates, Manufactured Parts, and Robotic Solutions.
Recycled carbon composites for high-performance applications in various industries.
High-performance parts made from recycled carbon composites for specific uses.
Automated systems for recycling and manufacturing carbon composite materials.
People of Fairmat
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Funding Insights of Fairmat
Fairmat has successfully raised a total of $85.21M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $11.52 million completed in November 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Fairmat
Fairmat has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include European Investment Bank, Temasek and Bpifrance.
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Early-stage venture capital investments are made in European startups.
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Investor details for Fairmat
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Investments & Acquisitions by Fairmat
Investment portfolio details for Fairmat
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Financial Statements - Fairmat
Detailed financials for Fairmat
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Fairmat Comparisons
Peer comparison for Fairmat
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Competitors of Fairmat
Fairmat operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Vertex Energy, Covanta, Lakeshore Recycling, CMC and Coastal Waste & Recycling, among others.
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Waste recycling services in the oil industry are provided.
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Provider of waste recycling services
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Waste recycling services are provided across the United States.
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CMC is engaged in metal recycling and steel production.
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Solid waste disposal and recycling services are provided.
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Waste recycling services for hard-to-recycle plastics are provided.
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Detailed competitors of Fairmat
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Latest news on Fairmat
Complete news archive for Fairmat
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Frequently Asked Questions about Fairmat
Fairmat was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Fairmat is headquartered in Paris, France.
Fairmat is a funded company, having raised a total of $85.21M across 5 funding rounds to date.
Fairmat was founded in 2020 in Paris, France, by Benjamin Saada. Operations focus on the recycling sector, where composite fiber materials are processed and repurposed. Services include the collection, sorting, and transformation of waste fibers into reusable resources for industries such as aerospace and automotive. Activities are centered in Europe, with an emphasis on circular economy principles to reduce environmental impact through innovative recycling techniques.
Fairmat's top competitors include Vertex Energy, Covanta and Coastal Waste & Recycling.
Fairmat offers FairPly Laminates, Manufactured Parts, and Robotic Solutions.
Fairmat has 11 investors. Key investors include European Investment Bank, Temasek, Bpifrance, Pictet Group, and Slate Venture Capital.