INCA Renewable Technologies

About INCA Renewable Technologies

INCA Renewable Technologies, founded in 2020 by David Saltman, Calum Hughes, Paul Bullock and Camille Saltman, is a cleantech company specializing in the manufacturing of natural fiber composites. The company focuses on transforming hemp biomass into advanced materials for industries such as automotive, marine, wind energy, and consumer products. INCA's business model is centered around vertical integration; it purchases hemp biomass from farmers, processes it to refine the fibers, and then manufactures a range of bio-composite products. This strategy provides a secondary income stream for farmers and positions hemp as a valuable cash crop.

The company's product portfolio includes INCA PrePregs™ (thermoformable pre-pregs for automotive interiors), INCA BioPanels™ (a replacement for plywood in RV sidewalls), INCA BioCore™ (a lightweight core material alternative to balsa wood for boats and wind turbine blades), and INCA BioPlastics™ (pellets for injection molding). These products are engineered to be stronger, lighter, and more cost-effective than the traditional materials they replace, such as glass-reinforced plastics and rainforest plywood. Commercialization partners include prominent names like Toyota and Winnebago.

The leadership team brings extensive experience in cleantech and natural fiber composites. CEO David Saltman previously led Malama Composites, which produced rigid foams from plant-based polymers, and was a co-founder of Flexform Technologies, a pioneer in natural fiber composites for the North American auto industry. This background in creating bio-composite interiors for major automotive brands like Ford, GM, and Tesla underpins INCA's current trajectory. The company is developing a 200,000-square-foot manufacturing facility in Vegreville, Alberta, expected to be operational in 2026, which will process 54,000 tonnes of biomass annually. INCA has secured significant funding, including a Series A round and a substantial Series B commitment, to commercialize its product line and construct its processing facilities.