Universal Matter GBR (formerly: Applied Graphene Materials) - Page 8

UK-based IP Group announced that it extended its commercialization agreement with the University of Manchester (via its technology transfer company, UMI3), to include Proof-of-Principle (PoP) funding for graphene projects. The IP Group will also commit a further 2.5 million GBP ($4.1 million) per the revised terms of the agreement.

IP Group is a developer of IP-based business. One of its portfolio companies is Applied Graphene Materials that recently raised £10 million by going public in the UK's AIM stock exchange.

As we reported yesterday, Applied Graphene Materials (previously Durham Graphene Science) raised £10 million by going public in the UK's AIM stock exchange today. The IPO was very successful - the shares leaped over 17% in the first day, and the market value of the company is now £36.7 (almost $60 million).

AGM was established in 2010 as a spin-off from Durham University to develop a new graphene synthesis method and produce graphene materials. AGM's technology is a unique patented scalable 'bottom-up' CVD approach to produce graphene. The company was founded by Dr. Karl Coleman from Durham University.

Last month we reported that UK's Applied Graphene Materials (AGM, previously Durham Graphene Science) plan to raise £10 million by going public in the UK's AIM stock exchange. Today it is reported that AGM's offering will go live tomorrow (November 20).

The company will offer 7.09 million shares at 155 pence each. Following the placement, AGM will have 16.8 million shares, and the market capitalization will be £26.2 million (a little over $42. million).

In early 2013, HEAD announced their new range of graphene tennis rackets, the YouTek Graphene Speed series. These rackets are now shipping, ranging from $170 to $286 (with some cheaper racket for kids). A few days ago the editors of Popular Science, the world’s largest science and technology magazine, have named HEAD’s racket a 2013 recipient of the publication’s Best of What’s New Award in the recreation category.

HEAD explains that the rackets are constructed with graphene, which enables a redistribution of weight from the racket shaft to the grip and head, which in turn allows players to generate more kinetic energy when they hit the ball.

UK's Durham Graphene Science announced plans to go public, and raise up to £10 million (about $16 million) on the UK's AIM stock exchange. The company is also changing its name to Applied Graphene Materials (AGM). They will use the funds to increase production capacity and accelerate commercial opportunities with partners. If successful, AGM will be the world's first pure-graphene company to go public. This will be one interesting IPO to watch!

AGM says that trading is expected to begin next month. The company hopes to achieve a market value of £25 million ($40 million). The company, a spin-off from Durham University, developed a unique and scalable bottom-up CVD approach to synthesize graphene. Their current annual production capacity is one tonne of graphene (I'm assuming these are graphene flakes). The company will upgrade its plant to eight ton capacity (this will take about 18 months).

UK's Durham Graphene Science (DGS) has qualified their graphene production process, and the company is currently looking to raise further funds in the next 6-9 months so it can scale up its production capacity.

DGS (a spin-off from Durham University) developed a unique process for synthesizing graphene from carbon using sustainable and readily available cheap feed stocks in a bottom up chemical vapor deposition process. The company raised $1.8 million in its seed round of financing in February 2012 (valuation was about $3.5 million).

UK's Durham Graphene Science (DGS) raised £1.2 million in its seed round of financing. The lead investors are IP Group and the North East Technology Fund. DGS (a spin-off from Durham University) is developing mass production technology for graphene. IPG and NETF will invest £500,000 each, and will have a 22% stake in DGS each (valuation is £2.27 million).

DGS developed a unique process for synthesizing the material that creates graphene from carbon using sustainable and readily available cheap feed stocks in a bottom up chemical vapor deposition process. DGS will use the seed investment to scale up its production equipment and establish joint development agreements with partners to test the handling, dispersion and processing of the material across a wide variety of applications.

UK's Durham Graphene Science (DGS) is a new startup (spin-off from the Durham University) that will produce Graphene on a large scale. It has got a £100,000 ($160,000) investment from Nothstar Ventures. DGS has a new method to create Graphene by assembling atoms within a reactor.