Investing in public graphene stocks - Page 13

BeDimensional, an Italy-based company specializing in the production of graphene and other 2D crystals, has announced a raise of €5 million in funding.

The round was led by EUREKA! Venture SGR through the Eureka! Fund I – Technology Transfer, which follows another recent capital increase by CDP Venture Capital SGR (through the Evoluzione fund, led by Mario Scuderi), NovaCapital (a holding company focused on innovative initiatives, headed by Paolo Merloni and led by Carlo Germano Ravina) and Eni Next (Eni’s Corporate Venture Capital company based in Boston, led by Clara Andreoletti).

UK-based graphene developer Haydale announced that it has successfully completed £5 million funding round, selling new ordinary shares. The round included an opportunity to raise a further £1.0 million, which will close next week. 

Haydale recently executed a collaboration agreement with PETRONAS Technology Ventures, in an effort to accelerate commercialization of graphene-based formulations in various different industries. The company also announced a £350,000 three-stage project with Cadent to develop graphene ink-based low-power radiator heaters.

Rice University researchers have found a way to harvest hydrogen and graphene from plastic waste using a low-emissions method that could more than pay for itself.

“In this work, we converted waste plastics ⎯ including mixed waste plastics that don’t have to be sorted by type or washed ⎯ into high-yield hydrogen gas and high-value graphene,” said Kevin Wyss, a Rice doctoral alumnus and lead author of the recent study. “If the produced graphene is sold at only 5% of current market value ⎯ a 95% off sale! ⎯ clean hydrogen could be produced for free.”

Graphite One, a mining company planning a complete domestic U.S. supply chain for advanced graphite materials, has announced that it has received a US$4.7 million contract from the U.S. Department of Defense's Defense Logistics Agency ("DLA") to develop a graphite and graphene-based foam fire suppressant as an alternative to incumbent PFAS fire-suppressant materials, as required by U.S. law.

"Graphite One is pleased to begin work on this Defense Logistics Agency project, which responds to the legally-mandated requirement to develop a new alternative to long-standing foam fire suppressants which are known to have toxic impacts on human health and the environment," said Anthony Huston, President and CEO of Graphite One. "This DLA contract underscores the importance of graphite for innovative technology applications beyond the renewable energy markets – an important part of Graphite One's advanced graphite materials strategy."

Black Swan Graphene has announced the results of a scoping study for its large scale Québec facility. Developed in collaboration with Toronto-based engineering firm Halyard, this Scoping Study marks a significant step forward for Black Swan's growth strategy.

The Scoping Study provides an initial evaluation, including processing plant specifications as well as conceptual mechanical, civil, structural, and electrical designs, for its proposed 40,000 square-foot first large-scale production facility, based on the same processing technology currently being used in the facility located in the United Kingdom. The annual production and self-sustaining ramp up of its industry-ready products have been established by taking into consideration customers and distributors' expected demand, as well as strategic partnerships, including the partnerships with Nationwide Engineering Research & Development ("NERD") and the Arup Group ("Arup"). 

Versarien has reported that its Spanish business has secured funding for a new project, in a boost to the group’s turnaround strategy. The Company said its majority-owned subsidiary, Gnanomat, has been awarded a grant of around €415,000 (around USD$445,660) by a government body.

Gnanomat will use the money to help develop and commercialize a new line of conductive inks based on Versarien's nanomaterials, for use in the production of electronic goods.

Lyten has announced it has raised $200 million as part of its over-subscribed Series B funding round, to scale manufacturing and commercialize its first three product lines: Lithium-Sulfur batteries, lightweight composites, and next generation IoT sensors.

The round is led by Prime Movers Lab, a venture capital firm focused on investments in breakthrough scientific startups and has $1.2B in assets under management. Prime Movers Lab is joined with significant participation from strategic investors and sector leaders Stellantis (previously announced), FedEx Corporation, Honeywell, and Walbridge Aldinger Company. Additional strategic, venture capital and individual investors make up the remainder of the round.

NanoXplore reported record results for Q2 2023, with revenues of $33.3 million CAD (up from $28.3 million last year, or a 18% increase). The company's gross margins are increasing, and the company was cash flow positive ($1.7 million).

NanoXplore says that it has been expanding the volume of its graphene-enhanced products while also improving manufacturing efficiencies. The company says that these good results were achieved despite a challenging macro environment

Directa Plus has announced that Setcar SA, its environmental services subsidiary, has signed a three-year contract with Liberty Galati, the largest integrated steel producer in Romania, to process oily mills sludge.

The contract will last for three years and has a total value of €5.5 million, with the potential for further expansion up to a total of €8.0 million. Under the terms of the agreement, Setcar will provide solutions for the treatment of oily mills scale produced in the manufacturing of steel.

Directa said the contract would enable Setcar to expand further its waste treatment and disposal services for industrial pollutants and broaden the range of applications for the group’s Grafysorber technology. By using Grafysorber, Setcar would allow Liberty Galati to recycle a considerable amount of oily sludge waste, transforming it into a raw material suitable for reuse in steel production.

Earlier this year, Universal Matter acquired Applied Graphene Materials' assets for $1.3 million and then AGM changed its company name to Universal Matter GBR. Now, Universal Matter received support from The National Energy Technology Laboratory (NETL) Carbon Ore Processing Program through a cooperative agreement. 

The company has demonstrated a novel graphene production technology called Flash Joule Heating (FJH), which can transform carbonaceous material feedstocks, including coal and coal-wastes, to high quality graphene.