Investing in public graphene stocks

German semiconductor startup, Black Semiconductor, has secured EUR 254.4 million (around USD$275,900,000) in funding to launch graphene-enhanced semiconductor technology in Europe. With the funding, the company says that it is on track to realize the first phase of its vision – advancing a new generation of chip technology from research to mass production by 2031.

The Company has secured EUR 228.7 million (around USD$248,000,000) in public funding from the German Ministry of Economic Affairs and Climate Action and the state of North Rhine-Westphalia over the next 7 years under the IPCEI ME/CT2 program.

Directa Plus has announced plans to raise between GBP6.8 to GBP6.9 million (between USD$8,663,000 - USD$8,800,000).

Cavendish Capital Markets Ltd and Singer Capital Markets Securities Ltd are acting as joint brokers to the placing. Nant Capital, the largest shareholder in Directa Plus, agrees to take part in this raise. 

HydroGraph Clean Power has announced that, due to strong investor demand, it has increased the size of its non-brokered private placement of units previously announced in May 2024. Pursuant to the upsized offering, the Company will raise aggregate gross proceeds of up to CAD$3.2 million (over USD$2,300,000). 

“We are extremely pleased to announce upsizing of our non-brokered private placement and the strong investing interest we have received from shareholders and new investors, reflecting their confidence in our vision and the strategic direction of the company. This upsized financing will support HydroGraph's commercialization and R&D efforts, allowing us to advance our application development activities in Manchester, bringing our pristine high-quality graphene to the market and driving future revenue,” commented Kjirstin Breure, President and interim Chief Executive Officer of HydroGraph.

Versarien’s strategic realignment to core graphene technology reportedly resulted in narrowed losses and an improved cash position in the six months up to 31 March. 

Operational highlights in the period included agreement with MCK Tech in Korea for the exclusive license of five CVD patents. Versarien also sold its South Korean plant and equipment to MCK Tech for £604,000. The Company secured a know-how and manufacturing license agreement with Montana Quimica LTDA, a Brazilian multinational focused on paints and wood finishing products. Additionally, Versarien entered into a mutual letter of commitment to support Building for Humanity in providing 3D concrete printed materials for social housing in Accrington.

HydroGraph Clean Power recently announced that it intends to complete a non-brokered private placement of units of the Company, for aggregate gross proceeds of up to CAD$1,600,000 (over USD$1,171,000).

Net proceeds from the Offering will be used for furthering commercialization via application development at the GEIC (Graphene Engineering Innovation Center) driven by customer interest, production upscaling, business development and general working capital purposes. 

NanoXplore has reported its financial results for Q3 2024. Total revenues were CAD$33,867,747 (USD$24,896,011) in Q3-2024 compared to CAD$31,580,560 (USD$23,214,711) in Q3-2023, representing a 7% increase; 

The Company reports total liquidity of CAD$40,149,612 (USD$29,512,976) as of March 31, 2024 and total long-term debt of CAD$5,515,205 (USD$4,054,089) as of March 31, 2024, down by CAD$2,360,683 (USD$1,735,279) compared to June 30, 2023.

Graphene Manufacturing Group (GMG) has announced that it has closed a marketed public offering of units of the Company, for a total of CAD$3.47 million (around USD$2,522,000). 

The net proceeds of the Offering are expected to be used primarily to strengthen the Company's financial position and provide liquidity to ‎finance ongoing operations, including, in particular, the Company’s expenses incurred, and expected to be ‎incurred, in connection with the Company’s research and development objectives, and for working capital and general corporate purposes.

Canada-based AlterBiota has received CAD$4 million (over USD$2,925,000) in seed funding to increase hiring and upgrade its commercial-scale facility to make a concrete additive based on its biographene material.

AlterBiota's CEO, Mark Masotti, is a chemical engineer who researched graphene’s ability to decarbonize concrete while on parental leave in 2019. Fascinated by its application, he explored the idea in his basement lab and applied for a provisional patent, then developed the idea into a company. Having conducted tests on its biographene and establishing a pilot plant, Masotti plans to go further in more than doubling his company's staff and building a scale-up plant.

Sparc Technologies has announced it has received firm commitments to raise A$2.25M (around USD$1.49 million) through a share placement. 

Proceeds from the Placement will be used for supporting Sparc’s investment in Sparc Hydrogen, field trials and R&D programs to support product development and commercialization efforts for ecosparc®, R&D for sodium-ion batteries and other projects and General working capital.

NanoXplore has announced the closing of a new credit facility with the Royal Bank of Canada (“RBC”). Under the agreement, RBC will provide NanoXplore’s subsidiaries with up to CAD$60 million (about USD$43,567,000) .  

The credit facility, inclusive of an existing equipment lease and other financial products, will provide a CAD$10 million (around USD$7,261,000) revolving credit line, up to CAD$45 million (USD$32,677,000) in equipment leasing and CAD$5 million (about USD$3,630,000) in term loans and will carry interest rates similar to those the Corporation currently pays. The new credit facility will allow for the reimbursement of existing loans of approximately CAD$4.7 million (USD$3,412,000) with other lenders.