Driven by the transition to a sustainable world, global demand for raw materials is soaring. For many materials, the forecasted demand far outstrips the supply. Graphmatech is well positioned to supply the necessary alternative materials: more conductive, stronger and more durable metals and polymers that use much less raw materials than the current alternatives. The investment round is fundamental to accelerate their technology development and launch graphene-based products to new markets.
“We are very pleased to see such a broad range of investors acknowledging the value of our graphene materials technology, and that both new and previous investors support our sustainability vision,” says Graphmatech CEO and founder Dr. Mamoun Taher. “Thanks to their support, Graphmatech can continue to scale up the production capacity, launch products and increase our technological edge.”
Molindo Energy, Forward Ventures and SEB Venture Debt are new investors, while existing investors, ABB Technology Ventures, Almi Invest GreenTech, Walerud Ventures, and EIT InnoEnergy, continued to invest in Graphmatech. Molindo Energy led the round together with returning lead ABB Technology Ventures. Morgan Sadarangani will join the board from Molindo Energy.
Graphmatech AB is a privately owned awards winning graphene materials technology company, with a mission to deliver next generation materials to support the transition to a sustainable society. Graphmatech, together with Uppsala University, recently attracted considerable attention over results obtained around graphene enhanced copper powder for additive manufacturing. We are a proud Swedish company made up of a diverse, international team spanning nine nationalities.
Find out more at www.graphmatech.com
Contact Mamoun Taher, CEO & FounderEmail