Versarien LogoVersarien has raised £1.1 million from existing investors. The funds will be used to finance an acquisition that was set in motion a few months ago, of two companies where graphene inclusion would provide significant product and market benefits.

In May 2016, Versarien announced that it has entered into a Memorandum of Understanding with Bromley Technologies to collaborate on the development of graphene-enhanced carbon fibre products using Versarien’s graphene nano platelets. In March 2016, Versarien announced that it has teamed up with E3D Online Ltd, a 3D printing specialist, to carry out initial trials using graphene.

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