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CarboMat

Manufactures low-cost sustainable carbon fibers for composite applications

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Canada, Calgary

Location

Website link

2022

Creation date

Company Description

CarboMat produces low-cost, sustainable carbon fibers from asphaltenes for lightweight composites in industries like automotive and energy. Our fibers cut production costs by 60% and emissions by 50%, avoiding the need for carbon-intensive PAN and saving $70M in setup costs. With $4.2M in grants, we're raising $1M to scale up, develop products, and launch commercially by 2026.

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