GraphEnergyTech, a spin-off of EPFL and the University of Cambridge, has completed the first close of its seed funding round, with continued backing from Aramco Ventures, existing shareholders and new business angels, including investors from Canada. The company is targeting up to £3 million (about US$4 million) and says the round remains open to additional investors. It did not disclose how much has been raised so far.
The company develops highly conductive carbon- and graphene-based inks and pastes for use as metal-free electrodes. It says replacing precious metals such as gold and silver with carbon reduces dependence on volatile metal markets while maintaining electrode efficiency and durability. The technology builds on research by Michael Grätzel and the Cambridge Graphene Centre. The company describes Grätzel as a perovskite pioneer.
GraphEnergyTech, a spin-off of EPFL and the University of Cambridge, has completed the first close of its seed funding round, with continued backing from Aramco Ventures, existing shareholders and new business angels, including investors from Canada. The company is targeting up to £3 million (about US$4 million) and says the round remains open to additional investors. It did not disclose how much has been raised so far.The company develops highly conductive carbon- and graphene-based inks and pastes for use as metal-free electrodes. It says replacing precious metals such as gold and silver with carbon reduces dependence on volatile metal markets while maintaining electrode efficiency and durability. The technology builds on research by Michael Grätzel and the Cambridge Graphene Centre. The company describes Grätzel as a perovskite pioneer.
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