Home 3 – CarboMat Inc

Transforming Low-Value Materials To High-Value Carbon Products

CarboMat works on developing a less GHG intensive end-to-end process for producing low-cost and high-value carbon fibers from oil sands asphaltenes and facilitate non-combustible applications of oil sands asphaltenes for multifunctional applications.

Total Funding

$ 0 M+

Partners

Applications

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About the business

CarboMat Inc. was founded in early 2022 as a spin-off from the University of Calgary with the support of the GRInSTEM Fellowship Award from the Global Research Initiative (GRI).

Our business strives to develop a less GHG-intensive technology to produce low-cost and high-value carbon fibers from low-value waste by-products such as oil sands asphaltenes for multifunctional applications in the composite industry (e.g., automotive, sports, leisure, etc.).

Our Technology

Paving the way towards lightweight materials.

Carbon Fiber Technology

Advanced carbon fiber materials engineered to deliver exceptional strength and durability while significantly reducing weight—enabling next-generation mobility and industrial applications.

Battery Materials

Our proprietary process converts carbon-based inputs into high-performance battery materials, optimized for efficiency, scalability, and next-generation energy storage systems.

Our Value Proposition

The Problem

High production cost of PAN-based commercial carbon fibers is a major barrier.

Mitigation

Lowering precursor cost unlocks widespread commercial applications.

Cutting the precursor cost by half will lead to a ten-fold increase in market growth.

Competitive Advantage Of Our Technology

Our asphaltene-base technology delivers dramatically lower cost and emissions compared to conventional PAN-based carbon

COST ADVANTAGE

60%

$9 / kg

Production cost per kg of carbon fiber VS $35-50 / kg for PAN CF

EMISSIONS ADVANTAGE

50%

Lower GHG emissions (CO₂ per kg fiber) VS PAN-based CF

Lab Services

State of the Art Research Facilities

Access our advanced laboratory facilities for materials testing, characterization, and custom fiber development. Our expert team supports academic research, corporate R&D, and industry certification requirements.

Optical Microscope

High-resolution imaging for fiber analysis and quality control.

Grinder Polisher

Precision sample preparation for detailed material characterization.

Melt Spinner X3

Advanced fiber spinning capabilities for R&D and small-batch production.

Our Team

Our team leverages a combination of innovation, research, and industrial collaboration, creating a robust pathway for the successful commercialization of CarboMat Inc..