Graphene investing and financials - Page 3

Graphene Manufacturing Group ("GMG") has announced its Board of Directors has approved the investment of an additional AU$1.4 million (around US$993,000), which is expected to complete the construction of the Company's Gen 2.0 Graphene Manufacturing Technology plant capable of producing 10 tons of graphene per annum. The total capital cost for the Gen 2.0 Plant is an estimated AU$2.3 million.

The Company's Board is reportedly happy with progress to date and is confident that the Gen 2.0 Plant project is on track to meet its original budget and expectation to be online by the middle of 2026. The early work and procurement of the long lead items is substantially complete, and engineering and design has commenced.

The Foundation for Innovation and Technology (FIT) has granted new financing to three start-ups in Western Switzerland, supporting innovations in renewable energy, food safety and industrial decarbonization.

Among the three startups is Divea, which secured a CHF 100,000 (over US$129,000) Tech Seed loan to industrialize its graphene-based carbon capture membranes. Designed for sectors such as cement, steel and chemicals, the filters selectively capture CO₂ directly from industrial exhaust streams. The support will help Divea to move from laboratory-scale production toward continuous industrial manufacturing.

The European Innovation Council (EIC) has selected 61 start-ups and SMEs to receive funding following its latest evaluation round. The companies were chosen for their transformative technologies and strong commercial promise, securing a mix of grant and equity support.  

Among these companies is Grapheal - for its project PFAST) - fast, field-deployable graphene sensors for ultra-trace, real-time PFAS detection.

NanoXplore has reported its second‑quarter 2026 results, that can be said to show a company in transition: revenue has gone down from last year, but the underlying business health is improving, and management is tightening its focus on higher‑return opportunities.

Revenues landed at about CAD 27.6 million ( around USD 20.3 million), roughly 17% lower than the same quarter last year, mainly because two of its largest customers pulled back and project‑related tooling revenue fell. The company’s gross profit margin held up well - around 21.5% - which is slightly better than a year ago. The company’s cash position at the end of the quarter stood at about CAD 30 million (around USD 22.1 million) , giving it a solid runway to fund ongoing projects and R&D without immediate balance‑sheet pressure.

Swiss deeptech startup Chiral has secured $12 million in seed funding to commercialize its robotic platform designed for wafer-scale integration of nanomaterials such as carbon nanotubes and graphene. The round was led by Crane Venture Partners, with participation from Quantonation, HCVC, and Founderful, as well as public funding from Innosuisse.

With this new fundinf, Chiral plans to enhance its automation capabilities, increase throughput, and demonstrate system reliability across real-world industrial environments. The goal is to enable companies to incorporate nanomaterials as seamlessly as they currently incorporate silicon.

The Australian Economic Accelerator Ignite program has granted funding to seven Queensland University of Technology (QUT) research teams, totaling in more than AU$2.7 million (around US$1.9 million). The projects are part of a AU$725 million national investment to fast-track high-impact research with strong potential for real-world application.

One of these projects, led by Dr. Zengji Yue from the QUT School of Chemistry and Physics, brings together several QUT researchers with industry partners Elumina Global and Auziq. The research aims to develop a new way of making graphene heat-dissipating materials for batteries and electronic devices, using waste materials such as leaves, grass, wood, sawdust, and even food waste.

India-based energy-tech startup Dreamfly Innovations has raised almost US$328,000 in non-dilutive venture debt from SIDBI. The proceeds will be used to support working capital and expand manufacturing capacity as the company scales operations.

Backed by Avaana Capital, Dreamfly Innovations designs and manufactures advanced smart battery systems for drones, aviation, and aerospace applications. The firm focuses on lithium solid-state and graphene-based batteries, built to deliver higher energy density, improved safety, and better thermal performance.

Battery materials and technology company Talga Group has announced it has raised A$7,273,000 (almost US$5.1 million) against a target of A$5 million (US$3.5 million) through its Share Purchase Plan (“SPP”), launched on 17 December 2025, with the closure date extended to 23 January 2026 from 5 January 2026.

The SPP funds will advance Talga’s growth, including funding the final engineering study for a staged 5,000 tpa ramp up in graphite anode production in conjunction with the A$13.35 million Industriklivet grant. Part of the funds will also support additional grant applications; increase supply of Talnode®-C and Talnode®-R anode to battery customers; progress US opportunities and bolster general working capital.

Monash Health and Monash University have received a $100,000 research grant from the Love Your Sister Foundation, through the Monash Health Foundation, to develop a graphene oxide (GO)-based biosensor for early cancer detection using circulating tumor DNA (ctDNA). The GO-ctDNA project is a large interdisciplinary collaboration spanning oncology, engineering, nanofabrication and structural biology across Monash Health, Monash University and national research facilities.

“This project represents a perfect convergence of engineering innovation and clinical need,” said Dr. Gwo Yaw Ho, Head of the Cancer Immunology Laboratory within the School of Clinical Sciences at Monash Health, Monash University. “If successful, our GO-ctDNA biosensor could revolutionize early cancer diagnostics by offering a simple, non-invasive blood test that detects cancer mutations with unprecedented sensitivity, potentially even before symptoms appear.”

Haydale has announced that it has completed the previously-reported acquisition of Intelligent Resource Management Limited (trading as SaveMoneyCutCarbon or "SMCC").

Haydale has confirmed that all conditions to completion have now been satisfied, including the associated fundraising (in which gross proceeds of approximately £5.75 million were raised), shareholder approvals and admissions of new shares. SMCC is now fully part of the Haydale Group.