17 November 2020

Integrated Graphene raises £3.1m to scale production of its 3D graphene foam manufacturing process.

The investment round was led by Archangels, with co-investment from Par Equity, Techstart Ventures, and ESM Investments.

£3.1M

Integrated Graphene is a Scottish technology company that manufactures a 3D graphene foam product called Gii for various industrial applications.

Integrated Graphene has secured £3.1m in a new funding round led by Archangels, with participation from Par Equity, Techstart Ventures, ESM Investments, and earlier seed backers. The Stirling-based company has developed a novel method for producing high-purity 3D graphene foam directly onto surfaces at room temperature.

The capital will be directed towards acquiring equipment to prove product performance at scale and expanding commercialisation resources for its Gii foam technology.

From the founder

"We are very pleased to have the continued support of our seed investors who have helped us shape and scale this revolutionary business from an idea to commercial launch ready. With this latest round of investment, we are scaling up commercialisation and production of Gii. We have now successfully launched our first product, Gii-Sens, into our beachhead market of Human Diagnostic Biosensors. Ultimately, this funding round will enable us to capitalise on being first to market world-wide with high performing, cost effective, application-specific 3D Graphene Foam, enabling better products."

Claus Marquordt

Co-founder and CEO at Integrated Graphene

Investor perspective

"The mass production of high-quality graphene at a commercially attractive price has long been seen as the holy grail in this sector and Integrated Graphene has the potential to lead the world in this arena. We are confident that, with supportive shareholders, the business can take the next step in its ambition to scale up its manufacture of this invaluable material."