Paragraf, a UK startup that's developing atom-layer, two-dimensional materials (starting with graphene), has secured a £2.9 million seed round led by Cambridge Enterprise, the commercialisation arm of the University of Cambridge.
Paragraf is a spin-out from the Centre for Gallium Nitride group of Professor Sir Colin Humphreys in the Department of Materials Science at the university, and claims that its tech is the first ever commercial-scale method "validated to reproducibly deliver functionally active graphene with properties targeted to its final device-specific application".
Paragraf’s devices will target markets including transistors, chemical and electrical sensors, and new energy generation devices.
Parkwalk Advisors, Amadeus Capital Partners, IQ Capital Partners and angel investors also participated in the startup's financing round.
Humphreys comments: “Graphene has been called the new wonder material, because of its potential to transform a range of industries such as electronics, energy and healthcare. However, so far, its applications have been limited because good quality graphene is only available in small flakes. Our underlying research has the capability to transform production by providing good quality, large-area graphene on a commercial scale.”