According to filings with the U.S. Securities and Exchange Commission, Vartega is raising $12,802,696.00 in new funding. Sources indicate that as part of senior management President and Chief Executive Officer, Andrew Maxey played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Vartega
Vartega is solving the worlds toughest advanced materials recycling challenges to create circular supply chains and enable a sustainable future. Our patented modular carbon fiber recycling process scales rapidly to address a gap in the composites supply chain. Its like a carbon fiber washing machine inside a shipping container. We deploy these units close to the source of composites scrap via our Hardware-as-a-Service subscription platform. Vartegas carbon fiber and specialty thermoplastics are used in sporting goods, additive manufacturing, and vehicle lightweight.

To learn more about Vartega, visit http://www.vartega.com/

Contact:
Andrew Maxey, President and Chief Executive Officer
844-827-8342

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