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CarboMat joins 8 Clockwise’s venture-studio portfolio to commercialize low-cost carbon fibers and battery-grade anode materials; Vineet Shah appointed Chief Commercial Officer to lead global commercialization
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HOUSTON & CALGARY, Alberta — 8 Clockwise, a venture studio focused on industrial decarbonization and clean-technology ventures, announced that CarboMat Inc., an innovator developing sustainable carbon fibers and battery-grade anode materials from carbon-rich industrial by-products, has joined its portfolio. The partnership expands 8 Clockwise’s reach into advanced materials and energy storage.
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As part of the collaboration, Vineet Shah, Founder & Managing Partner of 8 Clockwise, has been appointed Chief Commercial Officer (CCO) of CarboMat to lead global commercialization, strategic alliances, and market execution.
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CarboMat’s platform converts asphaltenes and other industrial by-products into high-performance carbon materials, enabling low-cost, low-emission alternatives to conventional manufacturing. Its products include:
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- Carbon fibers for automotive, aerospace, and industrial composites—up to 60% lower cost and 50% lower greenhouse-gas emissions than PAN-based fibers; and
- Battery-anode materials, including hard carbon for sodium-ion and synthetic graphite for lithium-ion cells—produced at lower carbon intensity and cost.
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CarboMat’s production of synthetic graphite and hard-carbon anodes supports North America’s critical-minerals strategy by reducing dependence on overseas supply chains for materials designated as critical by the U.S. Department of Energy and Natural Resources Canada.
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Through this partnership, 8 Clockwise and CarboMat are advancing a North American critical-minerals supply chain that strengthens domestic resilience and accelerates the global clean-energy transition.
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“Partnering with 8 Clockwise gives CarboMat the venture-building platform and leadership depth to scale globally,” said Shabab Saad, Chief Executive Officer of CarboMat. “Vineet’s appointment as CCO, combined with 8 Clockwise’s expertise in commercialization and venture growth, strengthens our path from pilot to production and from innovation to market impact.”
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“CarboMat embodies the industrial decarbonization we set out to enable,” said Vineet Shah, Founder & Managing Partner of 8 Clockwise and Chief Commercial Officer of CarboMat. “By transforming industrial by-products into carbon fibers and battery materials, CarboMat closes the loop between heavy-industry waste and clean-energy supply chains.”
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Under the partnership, 8 Clockwise will serve as CarboMat’s venture and growth partner, providing strategic guidance, capital-access support, and hands-on execution.
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How the Partnership Accelerates CarboMat
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- Embedded leadership: Senior commercial leader drives market development.
- Strategic and capital support: Studio-led guidance on alliances and financing.
- Commercial readiness: Focus on customer qualification and global market launch.
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About 8 Clockwise
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8 Clockwise is a Houston-based venture studio building and scaling industrial-decarbonization and clean-technology companies. Its embedded-leadership model accelerates commercialization, alliances, and capital formation across energy, materials, and advanced manufacturing.
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About CarboMat Inc.
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CarboMat Inc. is a Calgary-based cleantech company developing sustainable carbon materials—low-cost carbon fibers and battery-grade anodes—derived from industrial by-products. Its technology converts carbon-rich waste into high-value materials for composite and energy-storage applications, advancing circularity in the energy transition.
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