“This grant is more than capital — it's a validation,” said Nick Narsavidze, CEO of Refacture. “It reinforces our vision to build a future where strategic materials like beta-SiC are produced efficiently, locally, and sustainably. We’re honored to have Innovation Norway as a supporter of our mission.”
Refacture’s high-temperature plasma process enables the transformation of hazardous industrial byproducts — including Spent Pot Liner (SPL) from aluminum production — into valuable materials such as 3C-SiC, aluminum fluoride, and synthetic graphite. The grant supports critical steps in scaling this process, including:
- Installation of pre-treatment equipment to replace petcoke with SPL-derived carbon feedstock
- Commissioning of its pilot-scale plasma rotary furnace in Høyanger, Norway
- Proof-of-concept and optimization testing for continuous SiC production
- Simulation and refinement of SPL feedstock behavior under plasma conditions
The grant will fund four major technical workstreams, each essential to validating furnace performance, refining feedstock chemistry, and unlocking full-scale commercial potential. Together, these activities de-risk the company’s expansion plans and increase the viability of transitioning away from fossil-based inputs.
Why It Matters:
- Strategic endorsement by Norway’s leading innovation body
- Non-dilutive funding that reduces capital risk for investors
- Government support tied to measurable engineering and climate impact
Refacture’s long-term goal is to scale its modular plasma systems to enable distributed, circular manufacturing of strategic materials across Europe and the U.S. With this grant, Refacture takes a significant step toward replacing legacy industrial processes with cleaner, smarter, and more economically viable alternatives.
The grant is contingent on Refacture securing $2.2 million in matched private capital. With strong off-take agreements in place and a growing list of industrial partners, the company is well-positioned to complete its pilot phase and raise a successful Series A round in 2025.