CarboMat
- Company typePrivate
- Founded2022
- HeadquartersCalgary, Canada
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
CarboMat firmographics
Firmographics- Name
- CarboMat
- Legal name
- CarboMat Inc.
- Website
- https://carbomatinc.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
CarboMat industry classification
Industry- Product category
- Advanced Carbon Materials
- NAICS
- Resin, Synthetic Rubber, and Artificial and Synthetic Fibers and Filaments Manufacturing (3252)
- akta.pro primary industry
- Carbon‑Based Carbon Materials (graphite, carbon black, CNTs, graphene from CO₂/CO) (EUABAIAG)
Keywords
Where CarboMat is headquartered
LocationHeadquarters
- HQ city
- Calgary
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
CarboMat business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Technology or R&D, Operations, Infrastructure, Supply Chain, Marketing or Sales
Revenue model
- Carbon Fiber Sales: Sale of high-performance carbon fibers derived from low-value industrial by-products for composite manufacturing applications in automotive, aerospace, defense, and sports/leisure industries.
- Battery Anode Materials Sales: Sale of hard carbon and synthetic graphite anode materials for Na-ion and Li-ion battery systems, addressing growing electrification needs for EVs, stationary energy storage, and consumer electronics.
- Lab Services: Fee-for-service laboratory testing and characterization services for materials testing, composite manufacturing, and battery research including optical microscopy, grinding/polishing, melt spinning, tube furnace processing, and battery cycler setup.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Lab Technician (LAB TECH III) position |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels7 records
CarboMat product offering
Product offeringCore offering
CarboMat is commercializing a proprietary low-cost sustainable technology to produce high-performance carbon fibers and battery anode materials (hard carbon for Na-ion batteries and synthetic graphite for Li-ion batteries) derived from low-value industrial by-products, including Alberta asphaltenes and bitumen by-products. The company uses a modified melt spinning technique and related post-processing steps to convert these precursors into finished materials for the composites and battery industries, while also offering fee-for-service laboratory testing and characterization.
Product overview
CarboMat offers a portfolio of advanced carbon materials products centered around two core offerings: Carbon Fiber and Battery Anode Materials. The Carbon Fiber product line includes the Asphaltenes Carbon Fiber Solution, which converts low-value industrial by-products (asphaltenes, bitumen by-products) into high-performance carbon fibers using proprietary melt spinning technology. The Battery Anode Materials product line comprises Hard Carbon for Na-ion Battery Anodes and Synthetic Graphite, both derived from low-value industrial by-products for Li-ion and Na-ion battery systems. Supporting these core products, the company provides Lab Services including materials testing, characterization equipment, and custom fiber development capabilities. The company targets composite materials and battery industries with a focus on cost reduction (60% cost advantage) and emissions reduction (50% lower GHG emissions) compared to conventional PAN-based processes.
Differentiator
Problem solved
Functional benefit
Products and services
- Carbon Fiber
Quantifiable outcome
- 60% reduction in carbon fiber production cost ($9/kg vs $35-50/kg for PAN CF)
- +4 more outcomes
Companies that use CarboMat
Customer profileNamed customers1 record
Segments5 records
Ideal customer profiles5 records
CarboMat technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
CarboMat partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core, moderate and minor.
- 8 Clockwisecore8 Clockwise announced strategic partnership with CarboMat to commercialize sustainable carbon fibers and battery-grade anode materials. Collaboration involves CarboMat's technology that converts industrial by-products into high-performance carbon materials for automotive, aerospace, and energy storage applications. Partnership expands 8 Clockwise's portfolio in advanced materials and energy storage.
- University of CalgarycoreFounded in 2022 as a University of Calgary spin-off company. Technology developed through academic research with support from GRInSTEM Fellowship Grant and Creative Destruction Lab. Research collaboration continues with university researchers.
- Innovate CalgarymoderatePartner organization for innovation support. Collaborated on video production showcasing CarboMat's journey and technology development.
- Foresight CanadamoderateAccepted into Foresight Cleantech Accelerator Program Fall 2022 cohort. Provides mentorship, guidance, market exposure, and access to network of entrepreneurs, scientists, engineers, investors, and partners in startup ecosystem.
- CETAC-WESTminorAttended Entrepreneur to CEO Workshop hosted by CETAC-WEST (April 28-May 2, 2024). 4-day workshop providing business and commercialization strategy training, peer networking with seasoned entrepreneurs, and access to experienced entrepreneur network.
- Creative Destruction LabmoderateCompany founding supported by Creative Destruction Lab, a startup accelerator program providing mentorship and commercialization support for technology ventures.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
CarboMat competitors and assessment
Company assessmentBroad incumbents
- Teijin Limited: Japanese carbon fiber and composites manufacturer with a strong automotive lightweighting focus. Competes with CarboMat for automotive and industrial composite applications.
- Toray Industries: Global leader in PAN-based carbon fiber production across aerospace, automotive and industrial markets. Direct comparable on the carbon fiber side; CarboMat's lower-cost asphaltene-based process competes head-on with Toray's premium PAN-based portfolio.
- Hexcel Corporation: Major carbon fiber and composite materials manufacturer serving aerospace, defense, and industrial markets. Comparable as an incumbent whose customers CarboMat targets for lower-cost composite reinforcements.
- SGL Carbon: Specialty graphite and carbon fiber producer serving energy storage, automotive, and industrial customers. Highly comparable as SGL spans both carbon fibers and graphite-based battery anode materials — the exact two-product platform CarboMat offers.
- Syensqo (formerly Solvay Specialty Materials): Specialty materials company producing carbon fiber composites and advanced polymers for aerospace, automotive and battery applications. Comparable broad incumbent with overlapping battery and composite materials exposure.
- POSCO Future M: Leading battery materials supplier including synthetic graphite anode materials for Li-ion batteries. Direct comparable on the synthetic graphite side; POSCO is the type of well-capitalized incumbent CarboMat must displace to win OEM anode contracts.
- DowAksa: Joint venture between Dow and Aksa producing carbon fiber for industrial, energy, and transportation applications. Direct competitor in mid-tier industrial carbon fiber markets that CarboMat targets.
Emerging players
- Kuraray: Japanese specialty chemicals producer with hard carbon and activated carbon product lines serving battery and environmental applications. Comparable emerging alternative in the hard carbon for Na-ion batteries space where CarboMat is positioning.
- Stora Enso: Renewable materials company developing bio-based carbon anode materials (Lignode) for Li-ion batteries from lignin feedstock. Highly comparable as a sustainable, low-cost carbon anode challenger pursuing similar European/non-Chinese supply positioning.
- Group14 Technologies: U.S.-based battery materials startup producing silicon-carbon composite anode materials for Li-ion batteries. Comparable emerging non-Chinese battery materials challenger pursuing premium OEM battery customers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
CarboMat social profiles
Digital presenceCarboMat financial estimates
Financial estimateRevenue estimate
Valuation estimate
CarboMat leadership team
Management profileNumber of profiles
Profiles13 records
CarboMat funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CarboMat M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CarboMat
What does CarboMat do?
CarboMat is commercializing a proprietary low-cost sustainable technology to produce high-performance carbon fibers and battery anode materials (hard carbon for Na-ion batteries and synthetic graphite for Li-ion batteries) derived from low-value industrial by-products, including Alberta asphaltenes and bitumen by-products. The company uses a modified melt spinning technique and related post-processing steps to convert these precursors into finished materials for the composites and battery industries, while also offering fee-for-service laboratory testing and characterization.
Is CarboMat a public or private company?
CarboMat is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was CarboMat founded?
CarboMat was founded in 2022. It employs 11 to 50 people.
Where is CarboMat based?
CarboMat is headquartered in Calgary, Canada, in the North America region.
How does CarboMat make money?
Three revenue lines are on record. Carbon Fiber Sales are the primary driver. The others are battery Anode Materials Sales and lab Services.
Who are CarboMat's main competitors?
Broad incumbents on record are Teijin Limited, Toray Industries, Hexcel Corporation, SGL Carbon, Syensqo (formerly Solvay Specialty Materials), POSCO Future M and DowAksa. Emerging players are Kuraray, Stora Enso and Group14 Technologies.
Does CarboMat have an API?
No public API is recorded for CarboMat.
What industry is CarboMat in?
CarboMat's product category is Advanced Carbon Materials. Its primary akta.pro industry code is EUABAIAG, Carbon‑Based Carbon Materials (graphite, carbon black, CNTs, graphene from CO₂/CO). Its NAICS code is 3252.