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Vartega
vartega.com ↗Recycles carbon fiber manufacturing scrap into reusable recycled carbon-fiber feedstock ('Fenix Fiber') via patented low-energy solvolysis process.
Circular Economy/Recycling
Funding
~$42.7M total (Tracxn) incl. $11.2M Series A (Dec 2023), $10M strategic round (Diamond Edge Ventures), $1.5M convertible note (Jan 2026)
Stage
Early/Growth
HQ
Denver, CO
Founded
2014
The Current 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.
Leadership
- AMAndrew MaxeyFounder & CEO
Snapshot
- Target customer
- Enterprise/Industrial (composites, automotive, aerospace, wind manufacturers)
HQ location
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