← All companies
V

Recycles carbon fiber manufacturing scrap into reusable recycled carbon-fiber feedstock ('Fenix Fiber') via patented low-energy solvolysis process.

Circular Economy/RecyclingEarly/GrowthDenver, COFounded 2014

The interesting angle

CEO Andrew Maxey's interest traces to a broken carbon-fiber bike frame in high school; process claims 95-99% less energy than virgin carbon fiber at roughly half the cost.

Related in Circular Economy/Recycling

Last updated August 2026Sources: [1][2]

Snapshot

Funding
~$20M+ across multiple rounds incl. $11.2M Series A (Dec 2023) and $10M strategic round led by Diamond Edge Ventures
Stage
Early/Growth
HQ
Denver, CO
Founded
2014
Target customer
Enterprise/Industrial (composites, automotive, aerospace, wind manufacturers)

HQ location

Loading map...