BeDimensional to receive $22 million from EIB to boost production capabilities
The European Investment Bank (EIB) is offering Italian materials manufacturer BeDimensional €20 million (almost USD$22 million) in venture debt financing to expand production of Few-Layer Graphene (FLG) and Few-Layer Hexagonal Boron Nitride (FLhBN or FLB).
EIB Vice-President Gelsomina Vigliotti and BeDimensional Chief Executive Officer Vittorio Pellegrini announced the financing accord at the inauguration of the company's plant in Genoa. BeDimensional plans to build a second plant in Italy to scale-up production of FLG and FLB by 2027.