Paragraf, the graphene technology development company, a recent spin out from the University of Cambridge, has closed a £2.64 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, Martlet, the investment arm of Marshall of Cambridge Group, and a small group of angel investors: Dr Anthony Colletta, Julian Beare, John Halfpenny and Chair of Cambridge Angels Peter Cowley.
Paragraf focuses on the production of ‘two-dimensional’ materials, primarily graphene, and the development of devices based on these materials. Due to its extremely high conductivity, superb strength, very low weight and ultimate flexibility, graphene is the ideal material for use in many next generation technologies. The immense market opportunities for graphene have seen billions of dollars of corporate and public investment in R&D aiming to realise the value of the material, but problems persist.
Using a novel, proprietary approach Paragraf has overcome the common problems of poor uniformity, reproducibility, limited size and material contamination that affect current graphene manufacturing techniques. Delivering functionally active graphene, with properties specifically targeted at its application, for example, electrical characteristics tuned to deliver very sensitive detectors, this production breakthrough finally enables graphene technologies to be realised at a commercial scale.