Paragraf, the graphene technology development company, a recent spin out from the University of Cambridge, has closed a £2.9 million seed round to support the development of its first major products. The round is led by Cambridge Enterprise, the commercialisation arm of the University of Cambridge, with the participation of Parkwalk Advisors, Amadeus Capital Partners, IQ Capital Partners and angel investors.
Paragraf focuses on the production of ‘two-dimensional’ materials, primarily graphene, and the development of electronic devices based on these materials. Harnessing the extremely high conductivity, superb strength, very low weight and ultimate flexibility of graphene, Paragraf’s technology is the first ever commercial-scale method validated to reproducibly deliver functionally active graphene with properties targeted to its final device-specific application, with both high quality and high throughput.
Using a proprietary, patent protected approach Paragraf has overcome the problems of poor uniformity, reproducibility, limited size and material contamination that have stymied all current graphene manufacturing techniques.
The company has already produced layers with electrical characteristics optimised for producing very sensitive detectors at commercial scale and improved efficiency contact layers for common technologies such as LEDs.
Paragraf’s devices will target markets including transistors, where graphene-based devices could deliver clock speeds several orders of magnitude faster than silicon-based devices; chemical and electrical sensors, where graphene could increase sensitivity by a factor of >1000; and novel energy generation devices tapping into kinetic and chemical green energy sources yet to be exploited by any other technology.