Grafoid is a private company based in Canada that aims to produce graphene on a commercial scale using their proprietary extraction process. The company is also active in high-growth, scalable graphene projects, patents and material applications. In May 2013, the company (together with Graphite Zero, of which it holds a majority stake) launched the MesoGraf brand of affordable high-quality graphene materials under the MesoGraf brand.
Grafoid is collaborating on Graphene research with Focus Graphite (which used to own 40% of Grafoid, although it is only a minor shareholder now) and the two companies are still linked by a 10-year offtake agreement. Grafoid is also co-developing graphene-based polymer and non-polymer applications with Rutgets University.
In July 2013 the company raised $3.5 million from private investors. In February 2015, Grafoid received a $8.1 million CAD ($6.46 USD) grant from the Canadian government. In March 2016 China's Xiamen signed a strategic agreement with Grafoid and agreed to buy up to 20% of the company.