SWAN is pleased to announce participation in Vartega’s recent $10M preferred equity financing round led by Diamond Edge Ventures, the corporate venture capital arm of the Mitsubishi Chemical Group (MCG).
Vartega’s proprietary recycling processes enable the recovery and conversion of high-performance carbon fiber used in advanced materials for aerospace components, automotive parts, and wind turbine blades. The company’s innovative approach reduces waste and provides manufacturers with a sustainable source of high-quality recycled carbon fiber via Vartega’s EasyFeed Bundles known as Fenix Fiber and Fenix Fiber+™.
More about this latest funding round can be found HERE.
This round marks the third time SWAN members have invested in Vartega, with previous rounds being in 2021 and 2023.