Carbon Fiber Recycling Industries, Inc. has successfully raised 1.1 billion yen through new funding led by Airbus Ventures to enhance its carbon fiber recycling operations.

Target Company Information

Carbon Fiber Recycling Industries, Inc. (CFRI) is a pioneering company specializing in the recycling of carbon fiber materials. Established to address the growing need for sustainable waste management solutions within the aerospace and automotive sectors, CFRI has developed innovative technologies that enable the effective repurposing of carbon fiber composites. This move not only contributes to environmental preservation but also enhances the circular economy in high-tech industries.

On May 25, CFRI announced the successful completion of a private placement round led by Airbus Ventures, under the management of Airbus Group Ventures Fund II, L.P. This funding round saw participation from six investors, culminating in a total capital raise of 1.1 billion yen. The investment signifies strong confidence in CFRI's business model and its future growth potential.

Industry Overview in Japan

The carbon fiber recycling industry in Japan is emerging as a critical component of the nation’s efforts to promote sustainability. With Japan being one of the leading producers of carbon fiber materials, the de