Grafen Chemical Industries announced that Dubai based investment company Al-Hamlah Investment Group plans to invest $1.8 million in the company - to help fund its R&D, production and supply business.
Grafen is currently focused on its CrowdLit business model, a customer specific supply chain nanomaterials development process. Grafen will use the funds mainly towards this model , but will also support it's current graphene R&D.
In past months, Grafen announced several research initiatives. In November 2013, Grafen and Germany's LUM launched a new research towards water-based colloidal exfoliation process (called Liquid-Phase Direct Chemical Exfoliation) to produce graphene nanoplatelets in bulk. In September 2013 Grafen reported first results from their graphene liquid-phased exfoliation research conducted with help from Ukraine's National Academy of Sciences.
Grafen is also collaborating with Japan's Microphase to develop and commercialize CVD systems suitable for carbon nanotube (CNT) and graphene advanced research. In February 2013 Grafen signed an agreement with Angstron Materials for the supply of pristine and oxidized graphene for an EMI application.