Nova Carbon builds a technology to enable recycling and repurposing of end-of-life carbon fibre products and industrial production scraps. The startup aims to transition its innovation from a laboratory phase into a pre-industrial study phase to create high-performance Nova Carbon® materials for industrial players. It targets halving the volume of non-recycled carbon fibre waste in France and Europe within ten years and emphasizes reducing the carbon footprint. The technology was developed from French academic research at the University of Bordeaux and is being advanced through an exclusive technology transfer managed by SATT Aquitaine, which oversees the associated intellectual property. Founder and CEO Hugo Cartron has highlighted a favourable regulatory context and the need for recycling and environmental preservation. The company raised capital to support this transition and scale development efforts.

Total raised

$2M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2024