Integrated Graphene secures £8m in a Series A+ funding round led by Par Equity and Archangels to scale manufacturing
The Stirling-based materials company will expand its production footprint and workforce after closing its latest investment.
Integrated Graphene is a Scottish technology company that manufactures a 3D graphene foam product called Gii for various industrial applications.
Integrated Graphene has secured an investment of up to £8m following an oversubscribed Series A+ funding round led by existing backers Par Equity and Archangels. The Stirling-based technology company will direct the capital towards scaling up production of its proprietary Gii foam manufacturing process.
The firm plans to expand its operational footprint in Stirling and increase its headcount to 100 employees over the next three years. The funds will support the deployment of a next-generation pilot line to accelerate commercial delivery of its graphene-enhanced electrodes and supercapacitors.
From the founder
"This investment marks a real tipping point for Integrated Graphene and the manufacturing of our unique 3D Graphene foam in its first two market-ready products. By investing now, we will be ready, this year, to produce millions of units per annum from a new facility in Stirling and to transfer the technology at scale to global partners in the future."
Claus Marquordt
Co-founder and CEO at Integrated Graphene
Investor perspective
"Integrated Graphene has developed a game changing, frontier solution with the potential to drive enormous impact across a range of large-scale industries. As existing investors in the business, Par Equity, and a selection of our advisers, have worked closely with Claus and the team to build the business. We’re delighted to continue our support in this round, to catalyse the team’s ambition and unlock the company’s growth potential."
Aidan MacMillan
Investment Manager, Par Equity
Use of funds
- 01Grow the team
- 02Build out infrastructure
- 03Expand into international markets
Investors
Categories
About the company
Integrated Graphene
Integrated Graphene develops a proprietary manufacturing process for high performance 3D graphene foam.