Versarien to raise £1 million for its graphene business

Mar 05, 2017

Versarien, the advanced materials group, has announced a fundraising of approximately £1 million (before expenses). The fundraising comprises an institutional placing by WH Ireland in conjunction with an offer via PrimaryBid.

The Company will use the proceeds of the fundraising to purchase capital equipment for its graphene businesses and for working capital.

Imagine Intelligent Materials raises $1.5 million in private placement

Feb 27, 2017

Imagine Intelligent Materials, a developer of graphene applications company based in Australia, recently announced that it has raised $2 million AUD (around $1.5 USD) in private placement.

The new capital will be used to accelerate optimization of the Company’s pilot Plant-In-A-Box (PIAB) in Geelong to meet the anticipated demand for its initial product offering, imgne® X3, and to establish an Applications Development team at the Company’s Sydney office.

Directa Plus receives European grant to develop graphene-based smart fabrics

Feb 20, 2017

Directa Plus logoDirecta Plus has been allocated a €1 million grant from the European Regional Development Fund for a research project to develop graphene-based smart fabrics.

The project will be focused on enhancing the thermal and electrical performance of textiles for fashion applications. Directa Plus will act as project leader, and will work in collaboration with fabric store Novaresin and manufacturer Soliani, as well as the Politecnico of Milan university.

Skeleton Technologies receives a €15 million loan for graphene-based supercapacitors development

Feb 12, 2017

Skeleton Technologies, developer and manufacturer of high energy and power density supercapacitors, has received €15 million in a loan from the European Investment Bank (EIB), under the European Fund for Strategic Investments (EFSI).

This funding is meant to allow the company to finance the R&D for the further development of its products and systems. Skeleton will use part of the money to invest in an electrode mass-production facility in Dresden, Germany, according to the statement. The loan is stated to be based on company performance and doesn’t dilute the holdings of Skeleton’s founders, according to the EIB.

Haydale secures £3.26 million investment and plans to enter the Chinese market

Feb 06, 2017

Haydale logoUK-based Haydale has announced a collaboration agreement with Everpower International Holdings, a New York-based investment company engaged in investing in emerging technologies and their integration into China. Everpower has existing graphene interests in China, and as a first step it has agreed to make a strategic investment in Haydale of £3.26 million to acquire a 9.9% of Haydale. This investment was done through Everpower's subsidiary Fu Xing New Materials Development (Heze).

Haydale and Everpower confirmed that they have entered into non-binding heads of terms as a precursor to entering into an exclusive binding collaboration agreement to manufacture, supply and market existing Haydale products and develop nanomaterials and new graphene products for the Chinese market. Haydale’s board expected that the partners will negotiate and enter into the collaboration agreement following completion of the proposed investment.