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Verretex

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uuid0002h2q

Namestring
Verretex
Legal namestring
Verretex Ltd
Websiteurl
verretex.com
Company typeenum
Private
Founded yearint
2025
Descriptiontext

Verretex is an EPFL spin-off founded in January 2025 in Lausanne, Switzerland, that regenerates end-of-life glass fiber composites into high-performance nonwoven textiles. The company's proprietary process cleans and restores glass fibers at the microscopic level without remelting, preserving sizing chemistry and producing 100% post-consumer recycled glass fiber textiles with virgin-like mechanical properties. This drop-in replacement capability is designed to integrate with existing composite manufacturing workflows without tooling modifications, cycle time changes, or operator retraining, and avoids the remelting step that accounts for 89% of virgin glass fiber's carbon footprint per a TECH-FAB Europe/PwC LCA.

Short descriptiontext

Verretex is an EPFL spin-off that regenerates end-of-life glass fiber composites into virgin-quality nonwoven textiles without remelting. It sells drop-in recycled glass fiber materials to industrial manufacturers across wind energy, automotive, marine, aerospace, construction, electronics, and sporting goods sectors.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersLausanne, Switzerland
HQ citystring
Lausanne
HQ countrystring
Switzerland
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
recycled glass fibers, composite materials, nonwoven textiles, circular composites, fiber regeneration
Industry3 codes
1Recycled Textile Compounding & Nonwoven Reprocessing (Insulation/Felts/Geotextiles)
CodeIMAOAMAHPrimaryYes
2Nonwoven Fabric Mills (Spunbond/Meltblown/Needle-punched)
CodeIMAOABACPrimaryNo
3Textile & Apparel Recycling and Sorting (Non-E-waste)
CodeBPALADALPrimaryNo
NAICS code3 codes
  • Nonwoven Fabric Mills31323
  • Artificial and Synthetic Fibers and Filaments Manufacturing32522
  • Artificial and Synthetic Fibers and Filaments Manufacturing325220
SIC code1 code
  • Plastic Materials, Synth Resins & Nonvulcan Elastomers2821
Product category
Recycled Glass Fiber Composite Materials
Social media profiles1 record
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model3 records
1Regenerated Glass Fiber Textile Sales
TypeOne Time License
Description

Sale of high-performance nonwoven textiles manufactured from 100% recycled glass fibers for use in wind energy, automotive, aerospace, marine, construction, and sporting goods applications. Products serve as drop-in replacements for virgin glass fiber fabrics.

verretex.com
2Custom Fiber Product Development
TypeProfessional Services
Description

Tailored glass fiber solutions designed to meet specific project requirements including custom sizing, variable fiber length, and variable areal weight (gsm) for different applications and resin systems.

verretex.com
3Recycler Offtake Services
TypeTransaction Fee
Description

Offtake partnership for recycling companies to process reclaimed glass fiber and pyrolysis oil from composite waste, providing stable supply chain relationships.

verretex.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Technology or R&D, Supply Chain, Operations, Marketing or Sales, Infrastructure
Pricing details1 tier
1Custom product pricing based on specifications
ModelUnit PricingBilling cadenceMulti-year contract
Notes

Pricing varies based on product specifications including fiber length, areal weight (gsm), sizing formulations, and order volumes. Quote-based for enterprise customers.

verretex.com
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Verretex buys low-quality recycled glass fiber and regenerates its qualities using a proprietary technique, producing virgin-quality nonwoven textiles from 100% post-consumer recycled glass fiber composites. The company's core offering is its surface-regenerated glass fiber nonwoven textile — a drop-in replacement for virgin fabrics — complemented by custom fiber product development and recycler offtake services for composite waste streams across wind energy, automotive, aerospace, marine, construction, electronics, and sports equipment applications.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • 89% of glass fiber fabric's carbon footprint eliminated by avoiding remelting (TECH-FAB Europe/PwC LCA)
+3 more records
Product overview1 text field

Verretex is a cleantech company that produces regenerated glass fiber textiles from 100% recycled materials. The core product is a proprietary regenerated glass fiber nonwoven textile that restores end-of-life composite waste to virgin-like performance without remelting. This core textile is complemented by custom fiber product development services offering variable fiber length, variable GSM, and tailored sizings for different resin systems. The company also provides glass fiber regeneration and offtake services for recycling companies. These products and services serve industrial applications across building and construction, automotive, marine, energy (wind turbine blades), electronics, and sports equipment sectors.

Product and service9 records
1Regenerated Glass Fiber Nonwoven Textiles
CategoryCore composite material
Description

100% recycled glass fiber nonwoven textiles regenerated from end-of-life composite waste. Restores fiber surface properties to virgin-like quality without remelting, offering drop-in compatibility with existing composite manufacturing workflows in wind energy, automotive, marine, construction, electronics, and sports equipment.

2Glass Fiber Regeneration Service
CategoryRecycling and offtake service
Description

Offtake and upcycling service for recycling companies enabling processing of reclaimed glass fiber and pyrolysis oil from composite waste streams, providing stable supply chain relationships and reducing environmental impact.

3Custom Fiber Product Development
CategoryCustom materials development service
Description

Tailored fiber solutions with variable fiber length, variable areal weight (gsm), and custom sizings designed for specific resin systems including PP, PBT, and PET applications.

4Glass Fiber Nonwoven Mats for Wind Energy
CategoryWind energy composite reinforcement
Description

Nonwoven glass fiber mats designed for wind turbine blade skins and core materials as a drop-in replacement for virgin fabrics, addressing the decomissioned blade disposal crisis and regulatory mandates including the EU landfill ban and France's 55% recycling mandate.

5Glass Fiber Nonwoven Mats for Automotive
CategoryAutomotive composite reinforcement
Description

Nonwoven glass fiber mats used in vehicle headliners, insulation panels, underbody shields, and trunk liners, contributing to sound insulation, thermal management, and structural integrity for lightweighting and sustainability requirements.

6Glass Fiber Nonwoven Mats for Marine Industry
CategoryMarine composite reinforcement
Description

Wet-laid glass fiber nonwoven mats utilized in boat hulls and decks to enhance strength and water resistance, addressing the end-of-life vessel disposal crisis with average $14,000 per vessel disposal costs.

7Glass Fiber Nonwoven Mats for Building and Construction
CategoryBuilding and construction reinforcement
Description

Nonwoven mats used as substrate in roofing shingles, wall coverings, and flooring underlayments, providing reinforcement, moisture resistance, and durability for sustainable construction materials with lower embodied carbon.

8Glass Fiber Nonwoven Mats for Electronics
CategoryElectronics insulation materials
Description

Glass fiber mats used in printed circuit boards and other electronic components due to their electrical insulation properties, providing cost-effective sustainable material sourcing for electronics manufacturers.

9Glass Fiber Nonwoven Mats for Sports Equipment
CategorySports equipment composite reinforcement
Description

Materials used in water and snow sports equipment such as surfboards and skis, providing structural reinforcement and durability to support sustainability credentials and brand differentiation for sporting goods manufacturers.

Scale indicator7 records

Each record includes

Type, Value, Description, Source

Partnership9 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-05-01
Description

Collaborative partner in Innosuisse-funded project for developing short recycled glass fiber upcycling methodology, targeting TRL 6 by 2028 with scaling path from 500 to 5,000 tonnes per year.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-04-01
Description

Swiss sustainable ski brand integrating regenerated fiberglass into ski construction - one of the most fiberglass-intensive sporting goods categories.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2026-03-01
Description

Collaboration to upcycle structural fiberglass from Romain Pilliard's 'Use It Again!' trimaran (formerly sailed by Dame Ellen MacArthur) into precision watch components. Unveiling at Climate Week New York September 2026. Strategic demonstration of fiber quality meeting Swiss luxury watchmaking tolerances.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-02-01
Description

Collaborative research partners for developing and validating recycled glass fiber non-woven textiles compatible with bio-based resins. EPFL-LPAC contributed to patented process development.

Strategic tierCoreTypeTechnology or IntegrationAnnounced on2026-02-01
Description

Research partner providing laboratory-scale and pilot-scale demonstrators for composite material testing and validation.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-02-01
Description

Applied industrial research partner in Germany contributing to bio-based resin compatibility project with FOEN support.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-09-01
Description

Completed successful pilot demonstrating that Verretex's 100% recycled glass-fiber textile can be used as drop-in replacement for virgin fabrics in wind turbine blade manufacturing at Ryse's Spanish facility. Test blades met strength and durability requirements with no tooling modifications. Ryse plans to integrate circular materials across global manufacturing footprint in Spain, Europe, and US.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-01-01
Description

Strategic partnership connecting Verretex to ecosystem including Beneteau, Owens Corning, Veolia, and Chomarat - among the most relevant supply chain names in composites recycling.

9Various Composite Recyclers
Strategic tierCoreTypeOthers
Description

Network of established recycling partners across Europe and internationally providing end-of-life composites, production scrap, and decommissioned structures from wind energy, marine, automotive, and construction sectors.

einpresswire.com
Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight7 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Swedish composites recycler and Verretex's explicit strategic partner via the Fiberloop ecosystem (which also includes Beneteau, Owens Corning, Veolia, Chomarat). Fiberloop operates mechanical recycling for end-of-life composites, making it the most directly comparable peer in glass fiber regeneration.

TypeBroad incumbent
Description

Global incumbent in glass fiber reinforcements and composite materials, and a participant in the Fiberloop ecosystem alongside Verretex. Owens Corning has the resources to vertically integrate into recycled glass fiber textiles, representing both a potential customer and competitive threat.

TypeBroad incumbent
Description

Global waste management and materials recovery giant active in composite recycling through partnerships with Verretex's network. Veolia's scale and downstream offtake capabilities position it as a strategic competitor for end-of-life composite feedstock and recycled material production.

TypeDirect peer
Description

French textile and composite reinforcement manufacturer producing nonwoven and woven reinforcements for automotive, marine, construction, and sports. Chomarat is a Fiberloop partner and competes directly with Verretex in recycled reinforcement textiles.

TypeEmerging player
Description

US-based recycler of carbon fiber composites using pyrolysis-based recovery. While focused on carbon rather than glass fiber, it represents a directly comparable emerging player in advanced composite regeneration with a similar business model.

TypeEmerging player
Description

US startup developing recyclable vitrimer composite technology and reclaimed carbon fiber prepreg systems. Comparable as an emerging cleantech player targeting circular composite materials with proprietary regeneration/upcycling IP.

TypeBroad incumbent
Description

German manufacturer of carbon-based products including carbon fibers, composites, and graphite specialties. While focused on carbon, SGL is a relevant incumbent in advanced fiber-based materials and is increasingly active in composite recycling and circular material programs.

TypeBroad incumbent
Description

Global composites and advanced materials manufacturer producing glass and carbon fiber reinforcements, including recycled content programs. Comparable as an established player with the scale and customer base to compete in recycled reinforcement textiles.

TypeBroad incumbent
Description

Belgian specialty chemicals and advanced materials company with a composites portfolio (now part of Syensqo). Solvay supplies resin systems and reinforcement materials used in wind, aerospace, and automotive—directly overlapping with Verretex's target end-markets and developing its own sustainable composites offerings.

10ELG Carbon Fibre (now Gen 2 Carbon)
TypeDirect peer
Description

UK-based recycled carbon fiber manufacturer producing nonwoven mats and chopped fibers from end-of-life composites. Closely comparable as a fiber regeneration specialist producing nonwoven mats from recycled composites for similar industrial applications.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment7 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile7 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles5 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds4 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors2 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Verretex

Recycled Glass Fiber Composite Materialsverretex.com

Verretex is an EPFL spin-off that regenerates end-of-life glass fiber composites into virgin-quality nonwoven textiles without remelting. It sells drop-in recycled glass fiber materials to industrial manufacturers across wind energy, automotive, marine, aerospace, construction, electronics, and sporting goods sectors.

What Verretex does

Verretex is an EPFL spin-off founded in January 2025 in Lausanne, Switzerland, that regenerates end-of-life glass fiber composites into high-performance nonwoven textiles. The company's proprietary process cleans and restores glass fibers at the microscopic level without remelting, preserving sizing chemistry and producing 100% post-consumer recycled glass fiber textiles with virgin-like mechanical properties. This drop-in replacement capability is designed to integrate with existing composite manufacturing workflows without tooling modifications, cycle time changes, or operator retraining, and avoids the remelting step that accounts for 89% of virgin glass fiber's carbon footprint per a TECH-FAB Europe/PwC LCA.

Verretex firmographics

Firmographics
Name
Verretex
Legal name
Verretex Ltd
Website
https://verretex.com
Company type
Private
Founded year
2025
Operating status
Operating
Headcount range
1–10 employees
Short description
Verretex is an EPFL spin-off that regenerates end-of-life glass fiber composites into virgin-quality nonwoven textiles without remelting. It sells drop-in recycled glass fiber materials to industrial manufacturers across wind energy, automotive, marine, aerospace, construction, electronics, and sporting goods sectors.
Ownership category
akta.pro rank

Verretex industry classification

Industry
Product category
Recycled Glass Fiber Composite Materials
NAICS
Nonwoven Fabric Mills (31323), Artificial and Synthetic Fibers and Filaments Manufacturing (32522), Artificial and Synthetic Fibers and Filaments Manufacturing (325220)
SIC
Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821)
akta.pro primary industry
Recycled Textile Compounding & Nonwoven Reprocessing (Insulation/Felts/Geotextiles) (IMAOAMAH)
akta.pro secondary industries
Nonwoven Fabric Mills (Spunbond/Meltblown/Needle-punched) (IMAOABAC), Textile & Apparel Recycling and Sorting (Non-E-waste) (BPALADAL)

Keywords

  • Recycled glass fibers
  • Composite materials
  • Nonwoven textiles
  • Circular composites
  • Fiber regeneration

Where Verretex is headquartered

Location

Headquarters

HQ city
Lausanne
HQ country
Switzerland
HQ region
Europe

Offices1 record

Markets served

Verretex business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Personnel, Technology or R&D, Supply Chain, Operations, Marketing or Sales, Infrastructure

Revenue model

  1. Regenerated Glass Fiber Textile Sales: Sale of high-performance nonwoven textiles manufactured from 100% recycled glass fibers for use in wind energy, automotive, aerospace, marine, construction, and sporting goods applications. Products serve as drop-in replacements for virgin glass fiber fabrics.
  2. Custom Fiber Product Development: Tailored glass fiber solutions designed to meet specific project requirements including custom sizing, variable fiber length, and variable areal weight (gsm) for different applications and resin systems.
  3. Recycler Offtake Services: Offtake partnership for recycling companies to process reclaimed glass fiber and pyrolysis oil from composite waste, providing stable supply chain relationships.

Pricing tiers

ModelBillingPrice
Unit PricingMulti-year contractCustom product pricing based on specifications

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Verretex product offering

Product offering

Core offering

Verretex buys low-quality recycled glass fiber and regenerates its qualities using a proprietary technique, producing virgin-quality nonwoven textiles from 100% post-consumer recycled glass fiber composites. The company's core offering is its surface-regenerated glass fiber nonwoven textile — a drop-in replacement for virgin fabrics — complemented by custom fiber product development and recycler offtake services for composite waste streams across wind energy, automotive, aerospace, marine, construction, electronics, and sports equipment applications.

Product overview

Verretex is a cleantech company that produces regenerated glass fiber textiles from 100% recycled materials. The core product is a proprietary regenerated glass fiber nonwoven textile that restores end-of-life composite waste to virgin-like performance without remelting. This core textile is complemented by custom fiber product development services offering variable fiber length, variable GSM, and tailored sizings for different resin systems. The company also provides glass fiber regeneration and offtake services for recycling companies. These products and services serve industrial applications across building and construction, automotive, marine, energy (wind turbine blades), electronics, and sports equipment sectors.

Differentiator

Problem solved

Functional benefit

Products and services

  • Regenerated Glass Fiber Nonwoven Textiles 100% recycled glass fiber nonwoven textiles regenerated from end-of-life composite waste. Restores fiber surface properties to virgin-like quality without remelting, offering drop-in compatibility with existing composite manufacturing workflows in wind energy, automotive, marine, construction, electronics, and sports equipment.
  • Glass Fiber Regeneration Service Offtake and upcycling service for recycling companies enabling processing of reclaimed glass fiber and pyrolysis oil from composite waste streams, providing stable supply chain relationships and reducing environmental impact.
  • Custom Fiber Product Development Tailored fiber solutions with variable fiber length, variable areal weight (gsm), and custom sizings designed for specific resin systems including PP, PBT, and PET applications.
  • Glass Fiber Nonwoven Mats for Wind Energy Nonwoven glass fiber mats designed for wind turbine blade skins and core materials as a drop-in replacement for virgin fabrics, addressing the decomissioned blade disposal crisis and regulatory mandates including the EU landfill ban and France's 55% recycling mandate.
  • Glass Fiber Nonwoven Mats for Automotive Nonwoven glass fiber mats used in vehicle headliners, insulation panels, underbody shields, and trunk liners, contributing to sound insulation, thermal management, and structural integrity for lightweighting and sustainability requirements.
  • Glass Fiber Nonwoven Mats for Marine Industry Wet-laid glass fiber nonwoven mats utilized in boat hulls and decks to enhance strength and water resistance, addressing the end-of-life vessel disposal crisis with average $14,000 per vessel disposal costs.
  • Glass Fiber Nonwoven Mats for Building and Construction Nonwoven mats used as substrate in roofing shingles, wall coverings, and flooring underlayments, providing reinforcement, moisture resistance, and durability for sustainable construction materials with lower embodied carbon.
  • Glass Fiber Nonwoven Mats for Electronics Glass fiber mats used in printed circuit boards and other electronic components due to their electrical insulation properties, providing cost-effective sustainable material sourcing for electronics manufacturers.
  • Glass Fiber Nonwoven Mats for Sports Equipment Materials used in water and snow sports equipment such as surfboards and skis, providing structural reinforcement and durability to support sustainability credentials and brand differentiation for sporting goods manufacturers.

Quantifiable outcome

  • 89% of glass fiber fabric's carbon footprint eliminated by avoiding remelting (TECH-FAB Europe/PwC LCA)
  • +3 more outcomes

Companies that use Verretex

Customer profile

Named customers3 records

Segments7 records

Ideal customer profiles7 records

Verretex technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

Verretex partnerships and signals

Strategic signal

Partnerships

Nine partnerships are on record, tiered core and flagship.

  • OST – Eastern Switzerland University of Applied SciencescoreStrategic or Co-development Partner · 1 May 2026Collaborative partner in Innosuisse-funded project for developing short recycled glass fiber upcycling methodology, targeting TRL 6 by 2028 with scaling path from 500 to 5,000 tonnes per year.
  • MADskiscoreStrategic or Co-development Partner · 1 April 2026Swiss sustainable ski brand integrating regenerated fiberglass into ski construction - one of the most fiberglass-intensive sporting goods categories.
  • ID Genève WatchesflagshipStrategic or Co-development Partner · 1 March 2026Collaboration to upcycle structural fiberglass from Romain Pilliard's 'Use It Again!' trimaran (formerly sailed by Dame Ellen MacArthur) into precision watch components. Unveiling at Climate Week New York September 2026. Strategic demonstration of fiber quality meeting Swiss luxury watchmaking tolerances.
  • EPFL-LPAC and EPFL-LAPACcoreStrategic or Co-development Partner · 1 February 2026Collaborative research partners for developing and validating recycled glass fiber non-woven textiles compatible with bio-based resins. EPFL-LPAC contributed to patented process development.
  • CIME Platform (EPFL)coreTechnology or Integration · 1 February 2026Research partner providing laboratory-scale and pilot-scale demonstrators for composite material testing and validation.
  • Fraunhofer IGCV (Germany)coreStrategic or Co-development Partner · 1 February 2026Applied industrial research partner in Germany contributing to bio-based resin compatibility project with FOEN support.
  • Ryse EnergycoreStrategic or Co-development Partner · 1 September 2025Completed successful pilot demonstrating that Verretex's 100% recycled glass-fiber textile can be used as drop-in replacement for virgin fabrics in wind turbine blade manufacturing at Ryse's Spanish facility. Test blades met strength and durability requirements with no tooling modifications. Ryse plans to integrate circular materials across global manufacturing footprint in Spain, Europe, and US.
  • Fiberloop ABcoreStrategic or Co-development Partner · 1 January 2025Strategic partnership connecting Verretex to ecosystem including Beneteau, Owens Corning, Veolia, and Chomarat - among the most relevant supply chain names in composites recycling.
  • Various Composite RecyclerscoreOthersNetwork of established recycling partners across Europe and internationally providing end-of-life composites, production scrap, and decommissioned structures from wind energy, marine, automotive, and construction sectors.

Scale indicators7 records

Recent moves7 records

Expansion highlights7 records

Verretex competitors and assessment

Company assessment

Direct peers

  • Fiberloop AB: Swedish composites recycler and Verretex's explicit strategic partner via the Fiberloop ecosystem (which also includes Beneteau, Owens Corning, Veolia, Chomarat). Fiberloop operates mechanical recycling for end-of-life composites, making it the most directly comparable peer in glass fiber regeneration.
  • Chomarat: French textile and composite reinforcement manufacturer producing nonwoven and woven reinforcements for automotive, marine, construction, and sports. Chomarat is a Fiberloop partner and competes directly with Verretex in recycled reinforcement textiles.
  • ELG Carbon Fibre (now Gen 2 Carbon): UK-based recycled carbon fiber manufacturer producing nonwoven mats and chopped fibers from end-of-life composites. Closely comparable as a fiber regeneration specialist producing nonwoven mats from recycled composites for similar industrial applications.

Broad incumbents

  • Owens Corning: Global incumbent in glass fiber reinforcements and composite materials, and a participant in the Fiberloop ecosystem alongside Verretex. Owens Corning has the resources to vertically integrate into recycled glass fiber textiles, representing both a potential customer and competitive threat.
  • Veolia: Global waste management and materials recovery giant active in composite recycling through partnerships with Verretex's network. Veolia's scale and downstream offtake capabilities position it as a strategic competitor for end-of-life composite feedstock and recycled material production.
  • SGL Carbon: German manufacturer of carbon-based products including carbon fibers, composites, and graphite specialties. While focused on carbon, SGL is a relevant incumbent in advanced fiber-based materials and is increasingly active in composite recycling and circular material programs.
  • Aditya Birla Advanced Materials: Global composites and advanced materials manufacturer producing glass and carbon fiber reinforcements, including recycled content programs. Comparable as an established player with the scale and customer base to compete in recycled reinforcement textiles.
  • Solvay: Belgian specialty chemicals and advanced materials company with a composites portfolio (now part of Syensqo). Solvay supplies resin systems and reinforcement materials used in wind, aerospace, and automotive—directly overlapping with Verretex's target end-markets and developing its own sustainable composites offerings.

Emerging players

  • Carbon Conversions: US-based recycler of carbon fiber composites using pyrolysis-based recovery. While focused on carbon rather than glass fiber, it represents a directly comparable emerging player in advanced composite regeneration with a similar business model.
  • Mallinda: US startup developing recyclable vitrimer composite technology and reclaimed carbon fiber prepreg systems. Comparable as an emerging cleantech player targeting circular composite materials with proprietary regeneration/upcycling IP.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Verretex social profiles

Digital presence

Verretex financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Verretex leadership team

Management profile

Number of profiles

Profiles5 records

Verretex funding detail

Funding detail

Funding overview

Funding rounds4 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Verretex M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Verretex

What does Verretex do?

Verretex buys low-quality recycled glass fiber and regenerates its qualities using a proprietary technique, producing virgin-quality nonwoven textiles from 100% post-consumer recycled glass fiber composites. The company's core offering is its surface-regenerated glass fiber nonwoven textile — a drop-in replacement for virgin fabrics — complemented by custom fiber product development and recycler offtake services for composite waste streams across wind energy, automotive, aerospace, marine, construction, electronics, and sports equipment applications.

Is Verretex a public or private company?

Verretex is a private company. It is classified as venture growth investor backed and is currently operating.

When was Verretex founded?

Verretex was founded in 2025. It employs 1 to 10 people.

Where is Verretex based?

Verretex is headquartered in Lausanne, Switzerland, in the Europe region.

How does Verretex make money?

Three revenue lines are on record. Regenerated Glass Fiber Textile Sales are the primary driver. The others are custom Fiber Product Development and recycler Offtake Services.

Who are Verretex's main competitors?

Direct peers on record are Fiberloop AB, Chomarat and ELG Carbon Fibre (now Gen 2 Carbon). Broad incumbents are Owens Corning, Veolia, SGL Carbon, Aditya Birla Advanced Materials and Solvay. Emerging players are Carbon Conversions and Mallinda.

Does Verretex have an API?

No public API is recorded for Verretex.

What industry is Verretex in?

Verretex's product category is Recycled Glass Fiber Composite Materials. Its primary akta.pro industry code is IMAOAMAH, Recycled Textile Compounding & Nonwoven Reprocessing (Insulation/Felts/Geotextiles), with a secondary code of IMAOABAC, Nonwoven Fabric Mills (Spunbond/Meltblown/Needle-punched). Its NAICS code is 31323 and its SIC code is 2821.

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Live signals
startupticker.chVerretex lands SPEI sustainable collaborative projectVerretex, MADskis, and Suter Kunstoffe received CHF 100,000 from the State of Vaud's SPEI programme for a 12-month project developing composite skis with recycled glass fiber. The project's total budget is CHF 216,882, including the grant, and aims to validate performance and explore circularity approaches.startupticker.chFour new startups awarded FIT supportFour startups—EM Path, REMA, Verretex, and Polytax—have received financing support from FIT (a Swiss innovation agency), with three receiving Tech Seed loans of CHF 100,000 each and one receiving a Digital Grant of CHF 20,000. EM Path will use its funding to develop a wave camera for faster electromagnetic field testing, REMA to scale its electrolyser technology for on-site green hydrogen production, and Verretex to advance its glass fibre recycling solution. Polytax will use its grant to conduct user testing for its AI-powered tax filing platform.startupticker.chGlobal Impulse Program supports ten pioneering Vaud startupsThe Solar Impulse Foundation, in partnership with the Service for the Promotion of the Economy and Innovation (SPEI), has selected ten startups from the Vaud region of Switzerland for its Global Impulse Program to accelerate their international expansion. The 2025-2026 cohort includes companies focused on cleantech and circular economy solutions, including Droople, Voltiris, Enerdrape, Perovskia Solar, TeraSol, Ecorobotix, WasteFlow, Neology Hydrogen, CompPair Technologies, and Verretex. The program leverages the Solar Impulse Foundation's global ecosystem to increase visibility, facilitate access to financing, and create market opportunities for these sustainable technology companies.ChemAnalystSwiss Funding Accelerates Verretex Project For Short rGF UpcyclingSwiss cleantech startup Verretex received CHF 800,000 from Innosuisse, part of a CHF 1.2 million round, to upcycle short recycled glass fibres into thermoplastic composites with EPFL and OST. The project targets 500 to 5,000 tonnes annually and aims for Technology Readiness Level 6 by 2028.CompositesworldSwiss funding ramps up Verretex project on short rGF upcyclingRecycled glass fiber upcycler Verretex SA has been awarded CHF 800,000 (~$1 million) in project funding from Swiss innovation agency Innosuisse to develop and validate a methodology for upcycling short recycled glass fibers (~10mm) into reinforcement-grade thermoplastic composites for PP, PBT, and PET applications. The collaborative project, conducted with EPFL and OST – Eastern Switzerland University of Applied Sciences, aims to achieve Technology Readiness Level 6 by 2028 with a scaling path from 500 to 5,000 tonnes per year.VentureRadarNew Funding Rounds in eco-friendly goodsMultiple startups involved in eco-friendly innovations raised funding through various rounds. Notable investments include Manna Air Delivery's $50M Series B for drone delivery, Verretex's CHF 1.2M for recycled glass fiber, and Oxccu's $28M Series B for sustainable aviation fuel.EIN PresswireVerretex tackles the green economy's hidden waste problem with circular glass fiber textilesSwiss cleantech startup Verretex has developed an advanced regeneration process to reclaim fiberglass from retired wind turbines and boats, transforming materials previously considered end-of-life waste into high-performance composite materials. The technology restores fibers to their original strength without relying on energy-heavy remelting or downcycling, enabling manufacturers to replace virgin materials with low-carbon, drop-in textiles for structural applications. This creates a scalable closed loop for composite waste that currently fills landfills or incinerators, addressing a significant environmental challenge as hundreds of thousands of tons of decommissioned blades and boat hulls are discarded annually in Europe and the United States.VerretexVerretex Raises CHF 1.2M for Circular Glass Fiber TextilesVerretex, an EPFL spin-off startup specializing in upcycling glass fibers, has raised CHF 1.2 million in seed funding to scale industrial production of circular glass fiber textiles. The company's technology cleans and restores glass fibers at the microscopic level, transforming end-of-life composite waste into premium-quality nonwoven materials for wind energy, automotive, aerospace, and marine applications. The funding will enable Verretex to expand its industrial operations and meet rising demand for sustainable composite materials without requiring manufacturers to retool existing workflows.startupticker.chCHF 1.2M to power Verretex production capabilitiesLausanne-based EPFL spin-off Verretex secured CHF 1.2 million in dilutive and non-dilutive funding to strengthen its industrial operations and accelerate market expansion for its regenerated glass fiber textiles. The cleantech startup upcycles end-of-life composite waste into high-performance nonwoven materials for wind energy, automotive, aerospace, and marine industries, serving a market urgently seeking alternatives to virgin materials amid rising costs and tightening sustainability regulations. The capital injection will enable Verretex to scale production and meet growing demand for circular composites, according to CEO Mitchell Anderson.startupticker.chSwiss innovators garner recognitionSeven Swiss startups have been recognized across various award competitions and accelerator programs spanning femtech, retail-tech, space technology, and sustainable materials sectors. The Tech4Eva accelerator celebrated its 5th anniversary, with 16 femtech startups including Molesense, Xemperia, and Powerly graduating from the program that has supported 110 startups from 71 countries. Additional winners include Seprify (Best Presenting Company at Tech Tour Bio-Based Industries 2025), Dphi Space (Startup Pitch Award at Space4Security), Verretex (Audrey & Herbert Rosenfield Prize), and Albatross AI (Innovation Award at Tech for Retail 2025).