Graphene investing and financials

INBRAIN Neuroelectronics, a clinical-stage neurotechnology company developing graphene-based brain-computer interfaces (BCIs), has announced it has been awarded a €4 million grant by the Spanish Ministry of Industry and Tourism through the PERTE Chip initiative. The grant will accelerate INBRAIN’s development of brain-computer interface technology that integrates intelligent computing and graphene-based materials to decode and modulate real time brain activity for therapeutic purposes.

INBRAIN Neuroelectronics' graphene-based brain-computer interface semiconductor technology. Image credit: INBRAIN Neuroelectronics

The PERTE Chip initiative - “Strategic Project for Economic Recovery and Transformation of Microelectronics and Semiconductors” - aims to strengthen the design and production capabilities of the microelectronics and semiconductor industry in Spain from a comprehensive perspective, while promoting strategic technological autonomy for both Spain and the European Union.

Scientists from three UK universities have been granted £6 million to develop single-atomic layer semiconductors under a program called NEED2D (“Enabling Net Zero and the AI Revolution with Ultra-Low Energy 2D Materials and Devices”). 

The materials to be developed include graphene and related compounds. The goal is achieving energy efficient, atomically-thin semiconductors to dramatically reduce the electricity demand from AI data centers and high-performance computing.

Today we published a new edition of our Graphene Investment Guide, with all the latest information and financial updates from public graphene companies. This is still a challenging time for many graphene companies - and also for graphene investors, but we are seeing signs of increased activity and improved conditions in the graphene industry, which will hopefully contribute to public graphene companies. This new edition includes four new public graphene companies, another sign that the industry is recovering.

It is a time of consolidation in the industry - and investors should be careful when looking at early stage graphene companies. Most graphene companies struggle to generate meaningful revenues, and we expect consolidation and liquidation to continue in the next few years.

The Graphene Investment Guide includes:

• An introduction to graphene
• An overview of graphene's most exciting applications
• An analysis of graphene's potential
• Market forecasts from leading analysts
• Detailed descriptions and financials of all public graphene companies
• Over 80 financial reports and company presentations (premium edition only)
• Graphene-Info's own investment thesis and action plan

Any technology-driven investor that wishes to stay current on the most promising new nanotechnology should look into this report. The report includes extensive data and information needed to launch a successful strategic graphene investment portfolio.

Sparc Technologies, which recently announced successful initial inspection results for its ecosparc-enhanced anti-corrosion coating in a field trial at Streaky Bay Jetty, South Australia, has announced firm commitments to raise AUD$2.2 million (around US$1,408,000) through a share placement, with a further share purchase plan expected to raise another AUD$500,000.

In a statement, Sparc said the placement was “strongly supported by existing and new investors”. The funding will support commercialization of the company’s ecosparc coating product, support for its Sparc Hydrogen joint venture, ongoing R&D and general working capital.

HydroGraph Clean Power announced that it has raised over $2.2 million CAD (around $1.6 million USD) through the recent exercise of warrants. The company says that this fund raising will support its accelerated production scale-up efforts in response to growing commercial demand.

HydroGraph recently announced new testing results demonstrating the performance benefits of its Fractal Graphene™ (FGA-1) as an additive in polyurethane (PU) coatings. Earlier this year the company, together with NEI Corporation, announced the launch of NANOMYTE® FGA-1AD and NANOMYTE® FGA-1ND, a new line of advanced graphene dispersions.

Haydale Graphene Industries has announced the conclusion of the auction process for its subsidiary, Haydale Ceramic Technologies LLC, which was placed into Chapter 11 bankruptcy to stop cash flow drain and maximize shareholder value. 

Despite initial interest, geopolitical tensions and trade issues affected the auction, resulting in a sale to Greenleaf Corporation for approximately $680,000. The outcome aligns with Haydale’s strategy to reduce overhead costs and improve profitability, ensuring the protection of its core business.

Directa Plus recently stated that its subsidiary had secured an extension to its original framework agreement with OMV Petrom, which has been going on for several years and has generated over €1.0 million in revenues to date.

The AIM-listed company said the scope of the new agreement includes the treatment of up to 40,000m³ of sludge/emulsion, and up to 25,000m³ of water, as well as the supply of adsorbent barriers and pillows for containment and absorption.

Zentek has announced that it has closed a non-brokered private placement (the “Offering”) of debenture units for gross proceeds of CAD$2,000,000 (around US$1,442,000).  

Net proceeds from this offering will be used for working capital and general corporate purposes.  

Avadain has announced that it has launched its third crowdfunding round on Netcapital.

Avadain updated that it raised just over $3.5 million in the first 10 days. The maximum amount a company can raise through crowdfunding is $5 million in any 12 month period. 

Directa Plus has reported revenue growth for the first three months of 2025, though it expects to post a widened loss for 2024.

The company said it has delivered first-quarter revenue of around €2 million, which is up around 40% from a year before. This was driven by contract renewals across its Environmental and Textiles divisions. Directa Plus is due to release its 2024 results in mid-May. It expects to post a full-year loss before interest, tax, depreciation and amortization of around €3.6 million, widened from a €2.6 million loss in 2023 and compared to company-compiled market consensus for a €3.4 million loss. Directa Plus also expects to report reduced revenue of around €6.7 million for the year, down 36% from €10.5 million in 2023.