Xolve raises $1.8 million to deploy their nanomaterials process

Xolve, an american nanotechnology firm, raised $1.8 million (of a proposed $2.8 million funding round), with twenty-one investors taking part in the funding so far. This brings the amount the company raised in the last four years to $6.4 million.

Xolve, formerly known as Graphene Solutions, discovered a means to dissolve graphene and make single-particle carbon nanotubes that do not clump together in bundles. The company seeks to deploy a nanomaterials process developed at the University of Wisconsin-Platteville for a variety of applications. 

Posted: Jan 28,2015 by Roni Peleg