Jul 29, 2015

Angstron Materials logoThe U.S-based graphene materials producer and applications developer Angstron Materials announced securing $5 million in capital to increase manufacturing capacity for its single and few-layer graphene materials and bring key technologies to market.

The company began seeking Pre-Series A funding in late 2014. According to the company, the investment partner (only named as a "key player in advanced materials and consumer electronics") brings extensive business and industry expertise to the table, along with a portfolio of major customers and collaborators.

The company plans to use the money to expand its business and product development teams to fast track commercialization of critical products such as the company's thermal management materials. Angstron also noted its interest in securing Series A funding which are expected to be closed by the end of the year. These two rounds of financing will boost global reach for a wide range of the company's graphene technologies and materials. 

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