Stockholm-based Bright Day Graphene, which produces graphene material from lignin, a residual product of the forest industry, has raised €3 million in an early-stage funding round led by Oji Holdings Corporation, a major Japanese paper and pulp manufacturer. The company will use the capital to scale up its sustainable graphene production for industrial use.
Founded in Sweden in 2017, Bright Day Graphene makes high-performance graphene materials for energy storage and electronics using a proprietary process designed to reduce the environmental impact of manufacturing. The new funding will go toward scaling production capacity, expanding commercial networks across European and Asian markets, and further application testing in energy storage, coatings and advanced electronics.
Stockholm-based Bright Day Graphene, which produces graphene material from lignin, a residual product of the forest industry, has raised €3 million in an early-stage funding round led by Oji Holdings Corporation, a major Japanese paper and pulp manufacturer. The company will use the capital to scale up its sustainable graphene production for industrial use.Founded in Sweden in 2017, Bright Day Graphene makes high-performance graphene materials for energy storage and electronics using a proprietary process designed to reduce the environmental impact of manufacturing. The new funding will go toward scaling production capacity, expanding commercial networks across European and Asian markets, and further application testing in energy storage, coatings and advanced electronics.
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