2D Fab to commercialize graphene battery anode following successful funding round

Sweden-based 2D fab has recently closed a new share issue of approximately €700,000. The capital will primarily be used for developing the organization and for commercializing the Company's graphene products.

The share issue was directed to a limited number of investors, having received the offer either via the company's executive management or via G&W Fondkommission. Through this transaction 2D fab received eleven new owners, among them Malmö based Polynom Investment.

The capital will primarily be used to commercialize 2d fab's graphene-enhanced battery anode material, which theoretically can increase the storage capacity by 8 times compared to graphite, commonly used in today’s li-ion battery anodes. Parts of the capital raised will also be used for strengthening the company's sales and executive positions.

"We see a great potential in our graphene-based anode material, that we now have the means to commercialize. We will immediately proceed with a collaboration project, where we join forces with a listed company, for the development and commercialization of paper-based battery anodes" explains CEO Sven Forsberg.

 
Posted: Jun 22,2020 by Roni Peleg